Pipe Networks announces fibre-optic cable to proceed
Pipe Networks has announced that its plan to lay a new undersea fibre-optic cable between Australia and Guam will proceed, despite some initial hurdles faced during preliminary financial talks. The current tight financial market status had put a cloud over the project, but the overall support for the project from the various parties concerned saw an agreement reached and the required boxes ticked to begin the development process.
The new cable will be a huge benefit to Australian businesses and consumers, who currently face relatively limited access to the international internet backbone compared to many other countries. Naturally we here at AUSWEB are very pleased to hear the news and hope to see further network improvement announcements in the coming months.
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