Southern Cross cable cuts prices, increases capacity

Undersea cable operator Southern Cross cable has announced that it plans to increase its capacity and lower prices.

According to The Register, the consortium intends to increase its lit capacity from 1.4 terrabits per second to two terrabits per second during 2012, while also cutting prices by 44%.

The news comes just days after it emerged that Telstra has been in negotiations about buying capacity on the proposed ASSC-1 cable to Singapore.

The increased competition will be good for SMEs and other Australian internet users, as it will most likely mean higher download limits at lower prices.