Telecom Reports Sale of AAPT Consumer to Iinet for A$60 Million

Telecom Corp. of New Zealand agreed to sell the consumer arm of its AAPT unit to iiNet Ltd. (IIN) for A$60 million, according to a regulatory filing.

To contact the reporter on this story: Tim Smith in Sydney at tsmith58@bloomberg.net

To contact the editor responsible for this story: Tim Smith at tsmith58@bloomberg.net

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