Toolbox
  • User rankingRating: n/a
  • Add to favoritesBookmark
  • Save as PDFSave as PDF
  • PrintPrint
  • EmailEmail
  • Blog ItBlog It
  • Stumble ItStumble It!
Digg It Reddit del.icio.us Save to Yahoo! bookmarks Save to Windows live Share on facebook Save to MySpace Slashdot it science news feed Add to google
- size +

In Brief: Telecom N.Z. not ready to sell AAPT unit

New Zealand Telecom has reportedly backed away from plans to sell its Australian unit, AAPT.
Telecom apparently could not find a suitable buyer for its struggling subsidiary and was not ready to concede defeat in the tough Australian wireless market.

Asia-Pacific telecoms have been circling the waters for several months as AAPT found itself stuck between soft retail prices and high costs for wireless infrastructure access.

Telecom Thursday reported third-quarter earnings for AAPT down 8.1 percent, although operating expenses fell 5.7 percent to $329 million.

Copyright 2006 by United Press International
» Next Article in Technology - Telecom: AOL, Clearwire venture brings new service

would you recommend this story?

 

User Rating

Not rated yet
  • not at all
  • 1
  • 2
  • 3
  • 4
  • 5
  • highly

Leave a Comment or