HFC Bank has partnered with FINTEL for a multiple million dollar funding for a digital enhancement in the Southern Cross Cable Network.
HFC Bank says they are committed to provide convenient and reliable banking services that contributes towards the betterment of Fiji and of the Pacific Region’s future prosperity.
The bank says this has only been possible due to the trust and confidence the corporate customers have placed with them.
HFC Bank CEO Rakesh Ram says the bank is always looking for ways to improve its service offerings and aim to be Fiji’s Bank of choice by reaching out and ensuring that they can always be there for their customers when they need financial assistance.
Ram says with this collaboration, HFC Bank anticipates that the SCCN will help FINTEL achieve its goals of improving their telecommunications and high-volume data transfer service.
FINTEL CEO George Samisoni says the NEXT cable will support FINTEL’s continuing mission to enable reliable connectivity between the people of Fiji and the Pacific Islands to the rest of the world.
Samisoni says the cable will provide the first international submarine fibre connections to Tokelau and Kiribati reinforcing Fiji’s growing role as a digital hub for the Pacific.
He says thirteen of our Pacific Island neighbours depend directly or indirectly to FINTEL and Fiji for their international telecommunications.
He says with the inclusion of Savusavu, for the first time in over a century, provides Fiji’s second international access.
Samisoni also says the Southern Cross NEXT cable system will support the rising demand for bandwidth driven by cloud adoption and digitisation along with changing needs of customers and the industry.
The CEO says FINTEL is grateful for this partnership and acknowledges HFC Bank’s efficiency, understanding and support to this project funding.
The SCCN is an optical fibre submarine cable network that links Fiji’s international telecommunications systems with the rest of the world and provides the bulk of Fiji’s internet and data access.
Consisting of three diverse submarine cable routes, more than 20 access points, and over 43,000km, the Southern Cross ecosystem will support high capacity and low latency routes between Australia, New Zealand, Fiji, Tokelau, Kiribati, Hawaii, and the United States West Coast.
The NEXT system will boost the capacity of the SCCN ecosystem by approximately 500 percent, to around 100 Terabits/second.
To put this in perspective, this would allow the transfer of 10 billion photos on Facebook in just over 300 seconds.
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