New Company
p. 51 · Read in the full issue
The Fiji Government is going into the ex ternal telecommunications business through acquisition of a holding in Cable and Wireless Ltd. A new company will be form ed to take over the Fiji branch operations of Cable and Wireless. Fiji will have a 51 per cent interest in this company, starting with an initial 10 per cent, and climbing to 51 per cent. Cable and Wireless has been in Fiji for more than 70 years. It kept Fiji abreast of developments in communications. In 1962, Fiji became part of Conpac, the Cable and Wireless telephone link between the United Kingdom and Australia, via Canada, Fiji, and New Zealand.