Kim Dotcom Plans To Build $330 Million Fibre Cable Between US And New Zealand

Posted on Nov 6 2012 - 5:24am by Editorial Staff

The New Zealand Herald has reported that Kim Dotcom planning to build a $330 million Fibre cable between the United States and the New Zealand, connecting Auckland, Sydney and Los Angeles. With the cable, he would provide Kiwis individuals free internet access while will charge a fee to business and central government.

“You have clean and cheap energy here. Power is becoming the biggest cost factor for data centres around the world. With its own cable, cheap power and connectivity New Zealand could attract foreign internet business,” Dotcom said. “Unfortunately the current Government wants to invest into more tarmac roads. In 10-15 years most people will work and shop from home. You don’t need tarmac, you need fibre!”

(Image Source: Profile Picture Kim Dotcom @Twitter)

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Editorial Staff

Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.