Australia ‘GIFT’ a New International Fiber Cable to PNG
The much talked about New International Fiber Cable from Port Moresby to Sydney will be a ‘GIFT’ from the Government of Australia to the people of Papua New Guinea.
Highlighted in the 2018 National Budget, the 1,800km of Fiber Cable would costs about $USD95m to build and would be in operation in 24 months.
This new Fiber Cable when in operation has the potential to lower internet costs and brings faster speed to Papua New Guinea.
The New Fiber being called as APNG3 and will carry ‘Terabytes of Capacity” can bring up to USD$500 millions annual revenue if managed properly.