SP Telemedia, owner of TPG and Soul internet service providers, has announced its intention to acquire Pipe Networks for $373 million.
The New Zealand Government has issued a call for participants to join its national fibre roll-out under which it hopes to raise NZ$1.5 billion from the private sector.
The New Zealand Government today released the final details of its nationwide NZ$1.5 billion ultra-fast broadband roll-out, saying priority would be given to connecting schools, hospitals, health service providers and homes in new sub-divisions.
Internet service providers (ISP), mobile telcos, and bidders for the $250 million regional backhaul build have welcomed the launch of the initiative, but questions remain over whether the plan will deliver competition.
The New Zealand Government has announced plans to create a state-owned investment company that will spearhead its $1.5 billion National Broadband Network initiative.
A new Goldman Sachs report reinforces the market's conclusion that, whatever the National Broadband Network looks like, it is going to have to be taxpayer-funded and the cheques will be massive.
New Zealand's new Communications Minister Stephen Joyce has the gargantuan task of dragging New Zealand into the next broadband age, a labour which will take 10 years.
Executives from several of Australia's largest internet service providers have over the past few months expressed their desire to become media companies in their own right.
If the world's homes are to enjoy the same high speed connectivity as its offices, the current thinking goes, then fibre-to-the-home (FTTH) will soon become necessary. However, not all Internet economies were created equal.
"No army can withstand the strength of an idea whose time has come," said Howard Charney, Cisco's senior vice president, borrowing from Victor Hugo to summarise the power of the Internet.
iiNet CTO Greg Bader explains the effect that companies such as Pipe Networks, which runs a 1.92Tbps submarine cable from Sydney to Guam and owns numerous metro-based dark fibre links, are having on data prices.
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