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Telecom NZ to Split by Year-End for Broadband Build

May 24, 2011

New Zealand's dominant phone provider, Telecom Corp, said on Tuesday it expects to split its network operations into a separate company by the end of year as it starts building a government-sponsored broadband network, sending its shares to a near-16 month high.

Source: http://www.cnbc.com/id/43146763?__source=RSS*tag*&par=RSS
 
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