As reported by staradvertiser.com, Gov. Neil Abercrombie has released $52.5 million in funding for several projects, including an underwater fiber optic cable.
The Governor stated that these projects are “an investment in the future of Hawaii and our ability to be proactive in shaping our future as a state”.
About $2.2 million will go to the state Department of Business, Economic Development and Tourism for privately managed, shared open-access underwater fiber optic cable land stations.
Abercrombie added: “For a state as isolated as our own, high-speed Internet can be transformative, connecting families, businesses and institutions; spurring economic development and innovation; and giving current and future generations a competitive edge”.
The fiber optic cable will provide a universal access to affordable and high-speed Internet service by 2018.
Subsea World News Staff, August 26, 2012