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iTWire - NZ cable operator Hawaiki acquired by BW Group


iTWire
Tuesday, 27 July 2021 10:43
NZ cable operator Hawaiki acquired by BW Group
Shares
Hawaiki executive chairman Remi Galasso with BW Group executive chairman Andreas Sohmen-Pao.
Supplied
New Zealand cable operator Hawaiki Submarine Cable has been acquired by BW Digital, an affiliate of the global maritime company BW Group, for an undisclosed price.
Hawaiki owns and operates the Hawaiki Transpacific Cable which
went into operation in July 2018, and spans 15,000km.
It is claimed to be the fastest and largest capacity link between New Zealand, Australia, Hawaii and mainland US, with a design capacity of 67Tbps.
In a statement, Hawaiki executive chairman Remi Galasso said: We are delighted to welcome BW Group as a shareholder. Having established a successful subsea cable business with the support of our customers and partners, the company started a process to find a new long-term shareholder who is able to take th ....

New Zealand , United States , Remi Galasso , Andreas Sohmen Pao , Bw Group , Hawaiki Transpacific Cable , புதியது ஜீலாந்து , ஒன்றுபட்டது மாநிலங்களில் , பவ் குழு ,