Delicious/delimiterau
- Earning billions and getting taxed a pittance
- Dell chief defends transfer pricing
- Qantas tech exec shifts to Jetstar
- Zurich Australia leads regional thin client push
- Early investors drop Facebook
- Victoria kills HealthSMART IT project
- Woz not great - mUmBRELLA
- Santos' thin client starts big-data plans
- Nokia Lumia 800 revs up at Bridgestone
- Telstra privacy breach was 'one little oops'
News - Written by Renai LeMay on Thursday, July 29, 2010 17:33 - 0 Comments
Telecom NZ sells Macquarie stake
in brief Former Kiwi monopolist Telecom New Zealand has sold its minority stake in Australian telco Macquarie Telecom to an un-named party at a price of AU$9.9 million.
The stake was one of a small handful of investments the telco has made in Australia’s telecommunications market — the largest of which is its buyout of AAPT and its subsequent acquisition of PowerTel.
Telecom also this morning confirmed it was considering strategic options in respect to its AAPT business. The Australian this morning reported that iiNet and TPG Telecom were competing to pick up slices of AAPT, with iiNet this morning going into a trading halt as it prepared to make an announcement to the market about a potential acquisition.
However Telecom also retains other investments in the Australian market — notably an AAPT stake in iiNet, as well as a piece of mobile telco VHA and its Gen-i IT services subsidiary.
Related posts:
- Macquarie Telecom bursts into cloud market
- TPG takes 4.4 percent stake in iiNet
- Amcom transaction spurs trading halt
- iiNet buys AAPT’s consumer division for $60m
- iiNet halts share trading as AAPT rumours swirl
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Enterprise IT, Featured, News - May 23, 2012 12:54 - 0 Comments
SAP’s SuccessFactors deploys Aussie datacentre
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Analysis, Telecommunications - May 23, 2012 11:08 - 5 Comments
The NBN, service providers and you … what could go wrong?
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- NBN here to stay under Coalition, says analyst
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Gadgets, News - May 21, 2012 12:32 - 5 Comments
Galaxy S III listed for Telstra, Optus and Vodafone
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- Will Telstra skip Nokia’s Lumia 900?
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- HTC One XL on sale: Compatible with Telstra 4G
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Reviews - May 7, 2012 18:16 - 2 Comments
Telstra Mobile Wi-Fi 4G: Review
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- Samsung Galaxy S III: Preview
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