Although I will be heading over the ditch next year, I still want to come back one day if broadband here catches up to Australia in the OECD ranking. What I've been thinking is how to get cheaper international bandwidth, with our low population density.
All examples of IT centric business ideas I've thought up require huge data usage and high bandwidth (>15Mb/s), currently not possible with our appalling state of backhaul and last mile for residential customers thanks to Telecom NZ Wholesale placing a vice grip on them. When the government funded FTTH rolls out, will my ideas come to fruition? It's a chicken and egg question really. Take this (,recession-proof-australia-attracts-bt-investment.aspx) for example which is what happens when national FTTH gets built.

With FTTH completed my idea is to counter our low population density by using incentives to increase bandwidth use per premise with things like cheap HD subscription (streaming or pay-per-view), private cloud computing, and high quality user-generated multimedia hosting. All those has to be hosted locally and they require heavy use of residential WAN connection. Here in New Zealand we can build greener running data centers for cheaper colo than other countries due to our environment e.g. The Colocation Company in Christchurch uses free ambient cooling.

Inter-city bandwidth will need to be increased and that's simply replacing existing wavelength equipment with higher like 40Gb/s (hopefully 100Gb/s by then) and/or utilising unlit fibres, so no problem there.

At the end of the day all this should lead us to cheaper international bandwidth because instead of us consuming from other continents, it'll be more balanced (or the opposite...). Pacfic Fibre will also be built by then to help drive down price too.

So tell me guys, do you think it'll happen?

btw, those ideas are usually in the range of $6M+ investment (current economy) with profit after 2yrs+ of running.