Southern Cross cost some US $1B to construct about a decade ago
RFS was Nov 2001. They full paid the debt from a US$1.3B cost of construction in Oct 2005. (see http://www.southerncrosscables.com/public/News/newsdetail.cfm?StoryID=14) So, they're making some VERY decent money out of the duopoly with AJC. Hence why Telstra's building their OWN cable to Hawaii. It's cheaper to build than buy! MMC -- Matthew Moyle-Croft - Internode/Agile - Networks Level 5, 150 Grenfell Street, Adelaide, SA 5000 Australia Email: mmc@internode.com.au Web: http://www.on.net Direct: +61-8-8228-2909 Mobile: +61-419-900-366 Reception: +61-8-8228-2999 Fax: +61-8-8235-6909 "The difficulty lies, not in the new ideas, but in escaping from the old ones" - John Maynard Keynes