Morgan, Tindall, Drury in new Pacific fibre drive

11.03.2010

A new drive to develop international network capacity is under way, in Pacific Fibre, an early stage international fibre venture founded by a group including Warehouse founder Stephen Tindall, Trade Me's Sam Morgan and Rod Drury, founder of SaaS software provider Xero.

Other founders include Mark Rushworth, former Vodafone chief marketing officer, technology industry veteran John Humphrey, and strategy consultant and entrepreneur Lance Wiggs.

Pacific Fibre is engaging in early discussions with cornerstone investors and customers, it says in a statement issued today.

The group is looking to secure funding and build a 5.12 Tbit/s capacity fibre cable to be ready in 2013 connecting Australia, New Zealand and the USA. Such a cable will deliver five times the capacity of the existing Southern Cross system, the group says.

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