"One of the attractions for buyers is that almost a third of Orcon and Slingshot customers are on ultrafast broadband (UFB) and the company calculates it is now providing more than one in eight UFB connections.
Wratten said that if the sale was not completed by June 30, he expected Vocus would have "a fully binding sale agreement".
"The only reason financial close could be delayed would be regulatory approval in New Zealand. We will have to evaluate that at the time final bids are due." "
VOC Price at posting:
$2.44 Sentiment: None Disclosure: Held
