INL Shareholding Increased
Telecom New Zealand has increased its shareholding in INL to 10 per cent with the purchase of a further 15.2 million
shares in that company.
Chief Financial Officer Marko Bogoievski said today this fulfilled Telecom ’s previously-stated intention to take a
shareholding of approximately 10 per cent. Telecom purchased an initial holding of 5.7 per cent in March.
ENDS