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TSSC Joint Venture Transfers To Nec New Zealand

TSSC JOINT VENTURE TRANSFERS TO NEC NEW ZEALAND

Telecom New Zealand (Telecom), NEC Corporation (NEC) and Scollay Holdings Limited jointly announced today that they intend to wind down their joint venture, NZ Telecommunication Systems Support Centre (TSSC). However, NEC will absorb most of TSSC into its new subsidiary - NEC New Zealand Limited.

ENDS

See also Telecom New Zealand's website

http://www.telecom-media.co.nz/releases/




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