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Telecom Mulls Sale of Cook Islands Subsidiary

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Telecom New Zealand has said that it is considering a possible sale of its 60% interest in Telecom Cook Islands.

Telecom Cook Islands (TCI) is the sole provider of telecommunications in the Cook Islands and is owned by Telecom New Zealand (60%) and the Cook Islands Government (40%).

In a very short statement, the company added that no decision has been made whether or not to proceed and it wont comment any further on the issue.

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Tags: telecom new zealand  telecom cook islands  Cook Islands