By Phil Boeyen, ShareChat Business News Editor
Wednesday 18th October 2000
|Text too small?|
Last week the company announced it had 86% of the company, and warned AAPT shareholders that they could face payment delays if their shares were acquired compulsorily.
Telecom's Australian arm, TCNZ Australia Limited, announced today it now has 92.3% of AAPT. Telecom can now move to compulsory acquisition.
Last week the company said that AAPT acceptances received after October 18th will be paid within five days after they are received.
No comments yet
Telecom Corporation of New Zealand (TEL)
Telecom in drive to latch on to growing data usage with 4G mobile launch next month
Telecom lines up to buy 700MHz spectrum to extend reach of 4G network
Telecom backs setting copper prices until 2020, warns against getting too far away from input cost
Telecom puts $60M price tag on new Auckland data centre, Hawkins, AECOM win build
Telecom ends jobs purge, looks for ‘more sophisticated’ ways to save money
Telecom FY earnings fall to bottom of guidance range, sees unchanged dividend in 2014
Telecom takes spat with Vodafone to regulator after dropping court action
Telecom unbundling key to regulator's copper conundrum
Telecom lures customers to faster services in EPL deal