“..Lower internet prices and unlimited downloads for home connections are predicted to be the result of a new high-speed link planned between New Zealand, Australia and the United States.
The project would build a $900 million, 13,000km high-speed link within three years.
The “Pacific Fibre” project is backed by some of New Zealand’s best-known businessmen, including high-flyers Sam Morgan, Sir Stephen Tindall and Rod Drury.
It would provide a broadband connection with five times the capacity of the current connection, part-owned by Telecom.
“Businesses love very high resolution multi-party video conferencing while grandparents expect to be able to Skype video their grandchildren – and that, too, will be in HD [high definition] or better,” said another Pacific Fibre founder, Mark Rushworth.
“But mostly we want to unleash that creative talent New Zealand has, and be on a level footing with the rest of the world.”
go to source/story>>$900m plan to open NZ internet tap – Business – NZ Herald News
