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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
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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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