TEL
22/10/2013 11:00
ASSET
REL: 1100 HRS Telecom Corporation of New Zealand Limited
ASSET: TEL: Telecom considering potential sale of AAPT
STOCK EXCHANGE ANNOUNCEMENT
22 October 2013
Telecom considering potential sale of AAPT
In response to media reports, Telecom said today it is considering a possible
sale of AAPT.
No decision has been made whether or not to proceed.
As previously announced, Telecom is refining its business strategy to become
a future-oriented, competitive provider of communication, entertainment and
IT services delivered over its networks and the Cloud. The AAPT
considerations are consistent with this strategy.
Telecom will be making no further comment during these considerations.
- ends -
For media queries, please contact:
Richard Llewellyn
Head of Corporate Communications
+64 (0) 27 523 2362
For investor relations queries, please contact:
Mark Laing
General Manager Investor Relations & Capital Markets
+64 (0) 27 227 5890
End CA:00242700 For:TEL Type:ASSET Time:2013-10-22 11:00:58
Price at posting:
$2.28 Sentiment: None Disclosure: Held
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