Windows Server 2012 Resource Centre
[ad] Windows Server 2012 redefines the server category, delivering hundreds of new features and enhancements spanning virtualization, networking, storage, user experience, cloud computing, automation, and more. Click here to visit our Windows Server 2012 Resource Centre with case studies, white papers and articles about Windows Server 2012.
Great articles on other sites
- iiNet fined $102,000 over Naked DSL bus ad
- Police Federation makes play for unsold 700 MHz
- VicRoads considers outsourcing its data centre
- Vodafone has no plans for 4G modems
- Australia has already given up on an all-fibre NBN
- Australian government, Bob Carr reaction to PRISM, NSA
- Govt makes record amount of data sharing requests
- WorkSafe ACT plays down asbestos risk
- Games of Thrones Season Finale Sets New Piracy Record
- Australian 'Apple tax' repealed for MacBook Air
Managing virtualised environments: Free whitepaper
[ad] Virtualisation is one of the single most important technologies for efficiently operating servers. This free whitepaper presents information about current trends in virtualisation adoption, risks associated with single vendor virtualisation, and the benefits of open source virtualisation. Click here to download the whitepaper.
News, Telecommunications - Written by Renai LeMay on Wednesday, August 1, 2012 17:17 - 18 Comments
Pacific Fibre cancels Tasman/US cable project
news A little over two years since it formed with the aim of building fibre-optic submarine cables between Australia, New Zealand and the United States, local telecommunications venture Pacific Fibre has folded, citing an inability to attract sufficient funding for the project.
When it formed in March 2010, Pacific Fibre’s backers included The Warehouse founder Stephen Tindal, TradeMe founder Sam Morgan and Xero CEO Rod Drury, as well as former Vodafone marketing chief Mark Rushworth, telco veteran John Humphrey and entrepreneur Lance Wiggs. The group planned to construct a 5.12 Terabits per second, 13,000km cable to be ready in 2013, connecting the three countries. That capacity, it said, would be five times the level of the existing Southern Cross cable. The cable would also have the potential to branch out to reach several Pacific islands.
At the time, the group acknowledged the project would be difficult. “This is a bold vision which, as realists, we know will not be easy to deliver, it will take a huge effort to complete, and has many risks,” said Tindal in March 2010. “While we have completed early feasibility work it is essential for people to know we now need to determine the level of interest from potential partners before we go to the next stage of a full business case, risk assessment and proof of concept to take to investors and bankers.”
“We realise the risks are large but are prepared to push through to the next stage. We have released this news today primarily to ensure that any parties who are interested in this space have an opportunity to speak with us during this early planning phase.”
However, in a new statement released today, Pacific Fibre said it had “resolved to cease operations”, as it was unable to raise the NZ$400 million required to fund the cable build.
“A 13,000km cable is clearly an audacious thing to try and do. We were fortunate to find supportive shareholders, fantastic staff and early customer support from the likes of REANNZ and Vodafone” said chairman Sam Morgan. “We’ve spent millions of shareholder funds trying to get this done and despite getting some good investor support we have not been able to find the level of investment required in New Zealand initially and more broadly offshore.”
Morgan said the global investment market was “undoubtedly difficult” at the moment, but Pacific knew the project was always going to be hard, regardless of its timing. “We started Pacific Fibre because we know how important it is to connect New Zealanders to global markets. The high cost of broadband in New Zealand makes it hard to connect globally and it is this market failure, not a technical failure, that we tried hard to solve” said co-founder and director Rod Drury. “We still cannot see how the government’s investment in [New Zealand's Ultra-Fast Broadband project] makes sense until the price of international bandwidth is greatly reduced.”
Pacific Fibre pointed out that in September 2011, Australian analyst group Market Clarity reported the cost of bandwidth to the US from New Zealand as 5.8 times greater than the price paid by Australians. “This project had encouraging early momentum and we were pleased to attract a great team and board, and shareholders who invested because they felt passionately that this problem needs solving for New Zealand”, said Morgan. “We believed funding for these long term infrastructure investments would have been more readily available and were confident the business case was solid. We feel like we’ve done everything we can to succeed and we are all hugely disappointed that we have not managed to get there. We’d like to thank our staff, shareholders, customers, partners and supporters”, Mr Morgan ended.
It’s sad to see this project be cancelled; Australia and New Zealand need all the international submarine cables they can get, in order to help drive down international bandwidth costs; an important factor for the local telecommunications players, given how much Internet content is located overseas.
Image credit: Pacific Fibre
Leave a Comment
Enterprise IT, News - Jun 20, 2013 12:12 - 6 Comments
More In Enterprise IT
- Future IT project fail?
NSW Police gets COPS replacement funding
- Is IBM retrenching 1,500 Aussie staff?
- Attanasio takes NSW RMS CIO role
- Kundra reforms hit Queensland:
State Govt pledges ‘cloud first’, IT dashboard
- Questions raised about Post IT transformation
Internet, News, Security, Telecommunications - Jun 20, 2013 14:20 - 8 Comments
More In Telecommunications
- “Get a warrant”:
Ludlam net privacy bill lands in Senate
- Pointless? Google to trial net balloons in Oz
- First Vodafone 4G tests: It’s fast, but patchy
- Internode’s business plans: Now identical to iiNet
- Coalition NBN completed ‘six years faster’:
False claims from Liberal MP
Blog, Gadgets - Jun 19, 2013 15:32 - 6 Comments
More In Gadgets
- HP admits: We deceived consumers
- Huawei’s new P6 superphone lands in July
- Rejected: No iTunes Radio for Australia
- Buyer beware: No Aussie 4G support
for HTC, Samsung ‘Nexus’ units
- Tax heat intensifies on Apple Australia