Ann: ASSET: TEL: Telecom completes Appserv purchase

• Release Date: 01/07/14 11:57
• Summary: ASSET: TEL: Telecom completes Appserv purchase
• Price Sensitive: No
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					TEL
01/07/2014 11:57
ASSET

REL: 1157 HRS Telecom Corporation of New Zealand Limited

ASSET: TEL: Telecom completes Appserv purchase

Market Announcement

1 July 2014

Telecom completes Appserv purchase

Telecom announced today it has completed the purchase of all the shares in
leading business Cloud services specialist Appserv Limited.  A conditional
agreement to purchase Appserv was announced on 18 June 2014.

-ENDS-

For media queries, please contact:
Andrew Pirie
General Manager Corporate Relations +64 (0) 27 555 0275

For investor relations queries, please contact:
Mark Laing
General Manager Corporate Finance +64 (0) 27 227 5890
End CA:00252291 For:TEL    Type:ASSET      Time:2014-07-01 11:57:05