Yan welcomes second cable funding

Wellington Mayoral candidate Jack Yan has welcome news that central government is offering to contribute $15 million towards a second New Zealand-Australia-United States internet cable, citing the benefits for the city's, and country's, economy.

Mr Yan said if Wellington's IT sector is to grow a second internet cable is imperative to that.

"Not only would it increase our bandwidth capacity, it would also create competition to drive internet prices lower."

Mr Yan said he was disappointed the Wellington City Council and its leaders weren't more vocal proponents for a second cable in the last few years.

"We've got companies like FNZ operating here in Wellington, whose software manages over $75 billion globally. You probably haven't heard of them, they're a quiet success story, but I know from conversations with their CEO Adrian Durham that the lack of a second cable is holding their Wellington office back."

Mr Yan said if he was elected, he would commit to working with the city's IT sector and other leaders around New Zealand to try and make a second cable a reality.

About Jack Yan
Jack Yan founded Jack Yan & Associates (http://jya.net), one of the world’s first virtual firms, in 1987, operating internationally. Among his company’s interests are business consulting, imaging, software and media, including the fashion magazine brand Lucire. He writes on topics, ranging from branding and business responsibility to fashion and typography, in numerous publications and journals worldwide and is a regular international speaker. He serves on the editorial board for The Journal of Brand Management. He has authored or co-authored numerous books, including Beyond Branding, Typography and Branding and, most recently, Nation Branding: Country Concepts and Cases. His personal site is at jackyan.com. He is a director of the Medinge Group (http://medinge.org), a think-tank in Sweden devoted to cutting-edge branding. He was one of the parties behind the successful bid for Miss Sweden in 2003 for Panos Emporio, and is general counsel of the Miss New Zealand Consortium, the New Zealand licensee for Miss Universe. Since 2006, he has been a mentor with Business Mentors New Zealand. In 2013, he announced his second bid for the mayoralty in Wellington, New Zealand, after netting 12 per cent of the vote on his first attempt.

ENDS

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