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Sachio Semmoto resigns from Telecom board

Sachio Semmoto resigns from Telecom board

Telecom has today announced that Sachio Semmoto is to resign from its board with immediate effect.

Dr Semmoto, who was appointed to the Telecom board in March 2009, has decided that, due to a recent health condition, he is no longer in a position to participate fully as a director of Telecom.

Telecom Chairman Wayne Boyd acknowledged Dr Semmoto’s contribution to Telecom during a period of profound and far-reaching change.

“Dr Semmoto has brought a unique mix of entrepreneurial and technological skills to the Telecom board and it is with regret that I have accepted his resignation,” said Mr Boyd.

Mr Boyd said no replacement director is planned at this stage.

“Given the uncertainty the company faces due to the government’s Ultra-fast Broadband initiative, it is not appropriate currently to appoint a new director,” he said.

ENDS

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