Sydney-based Vocus entered into an agreement to buy extra capacity on the undersea link between New Zealand, Australia and the US over a six-year period, beginning from December this year, it said in a statement. When fully-allocated that will increase the firm’s existing capacity by almost 10 times to ensure it “will continue to meet the rapid growth in internet data demand,” it said. The capacity is for the life of the cable, which is currently until November 2030.The move speaks volumes about the growing demand for international data capacity out of New Zealand and hints at the likely success of the Tasman Global Access project.
“This significant increase in capacity enables Vocus to continue to leverage the high growth in data demand from the wholesale and enterprise sectors,” chief executive James Spenceley said. “Given its redundant and protected nature, Southern Cross capacity is a valuable asset and key differentiator for Vocus.”