Telecom New Zealand said today that AAPT has withdrawn its registration and will not participate in the Australian radio
spectrum auction, due to start tomorrow.
Telecom said it will continue to assess strategic opportunities for an expanded presence in the Australian mobile market
and its decision in respect of the auction is not inconsistent with this.
As indicated previously, Telecom is talking about opportunities with various parties. The Company will not identify
those parties or comment on the substance of discussions at this stage.
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