But Mata Puia, the owner of the Raro IT Solutions, is sceptical about improved pricing despite assurances from internet providers of lower rates.
Puia said one of the downfalls for her newly-formed business in the Cook Islands was having only one telecommunication provider Bluesky.
Due to the lack of competition she said businesses like hers were basically at the mercy of paying expensive internet data packages and tolerating slow internet speeds.
Since returning home in October last year, Puia said her business had experienced a few challenges such as slow internet speeds and connectivity issues
“Having the new fibre optic cable installed should definitely improve the internet speed and performance here in Rarotonga. It will surely help my business when liaising and communicating with freelancers overseas such as developers and project managers,” Puia said.
“But at what cost will Bluesky charge? I believe it will cost more. The problem is there is only one provider in the Cook Islands and they can charge whatever they want.”
Cable operator Avaroa Cable Limited had stated it would provide more competitive wholesale data pricing, supplied through the Manatua fibre link from Samoa and Tahiti.
In turn, lone internet retailer Bluesky Cook Islands said if the access cost of internet from the cable provider is lower than the current satellite rate, their customers will get data at a cheaper rate.
Mark Brown, the minister responsible for telecommunication, said they expect new competitors to enter the market following the passing of the new Telecommunications Act and Competition Act.
“I think if you look at any country or the region that has had cable come into it, the immediate impact it has had has been lower prices to the consumer for internet access for data and others,” Brown said.
“All of that is something that we are all looking forward to, both the government and the consumers, and I know that our current service provider Bluesky is working on that as well.”
Mata Puia is only hoping the new fibre optic cable would allow the opportunity for another new internet service provider to enter the market.
“Having another competitor in the market should definitely help lower phone and internet costs,” she said.