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[sharechat] TEL pulls out of 3G auction


From: "Ben Dutton" <bendutton@sharechat.co.nz>
Date: Mon, 16 Oct 2000 11:21:37 +1300


Interesting piece of news - Telecom has withdrawn its bid for the 3G
frequencies in the Government's radio spectrum auction.

Check out this article for some more details:

http://www.newsroom.co.nz/story.asp?s=30834

There hasn't been a stock exchange announcement from TEL yet detailing why
they have made this move - it would certainly be interesting to know why.

Best Regards

Benjamin Dutton
(Disc. do not hold TEL).


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