In November 2006, PowerTel entered into a strategic wholesale alliance with Telecom New Zealand. This alliance strengthened PowerTel’s position as a key player in the marketplace for the provision of wholesale services.

This alliance evolved into a proposal from Telecom New Zealand to acquire PowerTel in January 2007. This acquisition was completed on May 10th 2007.

For the answers to some frequently asked investor questions please visit http://www.telecom.co.nz/content/0,8748,201654-200142,00.html

If your question is not answered at this link or on this website, please Contact Us.