Anchor customers include Amazon Web Services, Vodafone, American Samoa Telecommunications Authority and Research and Education Advanced Network New Zealand.
"For consumers and businesses hungry for more and more data it means faster, better internet, and fewer bottlenecks, particularly when data is streamed from overseas," said Broadcasting, Communications and Digital Media Minister Clare Curran.
The new cable also provides greater resilience by providing an additional physical data link to the rest of the world, as it takes a different route to existing cables.
Completion of the project is especially timely for South Pacific nations, which are seeing demand for capacity growing by 45 per cent year-on-year, said Galasso, noting it has been specifically designed to meet these expanding requirements.
Hawaiki has included several stubbed branching units to enable the future connection of New Caledonia, Fiji and Tonga. American Samoa will be connected from day one, he said.
The cable is a "game changer" for the digital landscape in American Samoa, said Lolo M. Moliga, governor of American Samoa.
The construction of Hawaiki cable system, including the marine survey, design, manufacturing and cable laying, took 27 months and was undertaken by TE SubCom.