Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Govt signs $65 million contract on new international cable

Hon Steven Joyce

Minister of Science and Innovation

Hon Amy Adams

Minister for Communications and Information Technology


1 July 2014 Media Statement
Govt signs $65 million contract on new international cable

Government-owned company Research and Educational Advanced Network New Zealand Ltd (REANNZ) has entered into a $65 million anchor tenancy contract with Hawaiki Cable Ltd for its proposed new international telecommunications cable, Science and Innovation Minister Steven Joyce and Communications and Information Technology Minister Amy Adams announced today.

The Government’s whole of contract contribution secures a 25-year anchor tenancy on the cable for REANNZ, which operates New Zealand’s high-performance research and education broadband network.

The total cost of the tenancy includes an initial contribution of $15 million and annual fees over the 25-year period.

The Government has provided the $15 million contribution from an appropriation set aside for purchasing an anchor tenancy on a new trans-Tasman and trans-Pacific submarine cable. REANNZ will meet the annual fees out of its existing revenues.

The agreement is conditional on Hawaiki obtaining sufficient presales contracts from other telecommunications companies.

“This agreement is an important step towards gaining a second international cable serving New Zealand,” Ms Adams says.

“Building a new cable will further increase the resilience of New Zealand’s international telecommunications links and raise the level of competition.

“The Government is pleased to see signs of increasing competition in New Zealand’s international cable market and will continue to support options that are on track to achieve this goal.”

Mr Joyce says the cable will add more capacity to meet the growing requirements of New Zealand’s research, education and innovation communities, as well as commercial traffic.

“REANNZ needs dedicated capacity that can handle huge data volumes, and provide high levels of reliability,” Mr Joyce says.

“The tenancy on the new cable will provide more capacity for its members to take part in global research projects such as the Large Hadron Collider and the Argonne Leadership Computing Facility.”

The Hawaiki Submarine Cable is planned to link New Zealand with Australia and the United States, with the potential to provide links with a number of Pacific Islands. At this stage, it is expected to be operational in 2016.

The cable will supplement the existing Southern Cross Cable system, which has the capacity to serve New Zealand’s commercial international traffic requirements until at least 2020.


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Mana Māori: Kawenata Unites Kaupapa Māori Parties

The Māori Party and Mana Party have signed a historic agreement today to unite Māori politically.

Māori Party president Tukoroirangi Morgan said the kawenata or agreement was a huge step forward for Māori in the lead up to the general elections.

"Today is an important day for the Māori nation because today is when the country's only two kaupapa Māori political parties unite to work tactically together in the best interests of our people," says Mr Morgan. More>>

ALSO:

.

 
 

Immigration: Short Reprieve For Nine Indian Students

A temporary hold on deportations of nine Indian students is a step in the right direction but the Government urgently needs to implement safeguards to stop further injustices to more international students, the Green Party says. More>>

EARLIER:

Welfare: WINZ Breaching Privacy Laws With WINZ Vetting Rules

E tū, the union for security guards, says WINZ may be breaching privacy laws with its new screening process for people visiting WINZ offices. The vetting requires WINZ security guards to check photo ID and whether visitors to WINZ offices have an appointment.More>>

ALSO:

Turnbull Visit: Leaders’ Talks Cement Trade Relations, Science Agreement

Mr English met with Prime Minister Turnbull in Queenstown today to discuss common approaches to bilateral and international issues, including trade and science and innovation. Mr English also thanked Mr Turnbull for Australia’s offer of support for those fighting the fires on the Port Hills in Christchurch. More>>

ALSO:

Youth Guarantee: Upskilling Fund Used For Retraining

News that one in five of the people enrolling in Youth Guarantee already hold qualifications at the level they’re enrolling in highlights the failure of the scheme to reach the disengaged young people it was set up to assist, says Labour’s Education spokesperson Chris Hipkins. More>>

ALSO:

Port Hills Fire: Midday Update, Monday 20 February

• 9 homes destroyed
• 2 homes with partial damage. Damage includes things like cracked windows, heat damage.
• 3 properties with damage to other external structures e.g sheds or outbuildings More>>

ALSO:

Gordon Campbell: On What Trump May Mean For Us

So far not much effort has been put into tracing the possible implications for New Zealand of the stream of executive orders and tweets that have been pouring from the Oval Office. Unfortunately, we may not simply be drive-by rubberneckers at this car wreck for much longer. More>>

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news