It's very sad to see Pacific Fibre shut down, because they had done an incredible amount of work to get the major corporate and political players on board. The

It's very sad to see Pacific Fibre shut down, because they had done an incredible amount of work to get the major corporate and political players on board. They were basically putting forward the only credible plan to lay a new cable, and it's now very unlikely that the Southern Cross cable will lose its absolute monopoly (it's essentially the only connection that New Zealand has to the outside world). It's a sad day for all technology-driven businesses that want to start (or remain) in the country.