Pacific Fiber Project given the all clear by Kim Dotcom
"LETS DO IT"
Kim Dotcom has tonight told everyone over Twitter that he will go ahead with the Pacific Fiber Project. He gave the all clear over social networking site Twitter which has now been retweeted alot of times.
His tweet said " One thing is clear after recieving over 1000 positive messages about Pacific Fiber today. NZ wants it. Lets do it"
Hundreds of Thousands of New Zealanders are happy about the responce from Kim Dotcom. "This has rarked up Facebook" says a Auckland resident.
Dotcom last night revealed his ambitious plans to build the $400m cable - which would double New Zealand's bandwidth - set up his new Me.ga company, creating jobs and a data centre to service the rest of the world.
He would provide New Zealand internet service providers such as Telecom and Vodafone with free access for individual customers and charge a fee to business and central government.
Kiwis would still be charged a fee by the internet companies, but it would be as low as one-fifth of current bandwidth plans and three to five times faster with no transfer limits.
The $400m would be partly funded by Me.ga, raising additional funds from investors.
He added he could fund the project by suing Hollywood studios and the US Government for their "unlawful and political destruction of my business". Pacific Fibre, the company headed by Trade Me founder Sam Morgan, ceased operations in August after failing to raise enough capital for the project.