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Hawaiki Cable fully funded, will turn a profit within five years – Sir Eion Edgar

Spark's cash cow Southern Cross Cable faces its first real competition. With special feature audio.

Fri, 01 Apr 2016

After trying to drum up funds since 2006, Hawaiki Cable says it has finally funded a $US300 million fibre cable that will link Australia-New Zealand and the US. It says the build will begin in mid-2018.

"The construction phase has commenced," a Hawaiki statement says, though without offering any

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Hawaiki Cable fully funded, will turn a profit within five years – Sir Eion Edgar
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