Pacnet, which runs Asia's largest privately owned submarine cable network, has teamed up with Pacific Fibre to build a US$400 million system that will connect Australia, New Zealand and the United States. The Hong Kong-based telecommunications service provider expects to complete construction and have the high-capacity, 13,600-kilometre fibre-optic cable ready for commercial deployment in 2013. 'This investment is an integral part of our overall strategy to expand our sub-sea cable infrastructure into the Australasia region,' Pacnet chief executive Bill Barney (pictured) said yesterday. Barney said the new cable system, which will carry the Pacific Fibre brand name, will deliver 'enhanced international connectivity that is essential to support the national broadband initiatives of Australia and New Zealand'. Privately held Pacnet and Pacific Fibre have agreed to a 50-50 business model that allows each firm to own and operate one of two fibre pairs in the system, and share responsibility for its construction, operations and maintenance costs. According to Pacific Fibre, the system will have five times the capacity of the existing link to the US operated by Southern Cross Cables. It will have up to 5.12 terabits per second capacity, bringing more bandwidth at lower cost and a better online browsing experience for consumers and businesses in Australia and New Zealand. It will also offer the most direct communications route between Sydney, Auckland and Los Angeles. Mark Rushworth, chief executive at Pacific Fibre, said: 'Pacnet has done this [type of undertaking] before as the largest investor within the Unity cable group and we are already benefiting from working with them.' The 9,620km Unity fibre-optic cable, a US$300 million system that links Japan to the US West Coast, was launched in April this year. Pacnet led a consortium that included internet search giant Google, KDDI, of Japan, SingTel, Malaysia's Global Transit and Bharti Airtel of India.