Telecom-Bellsouth Settle Lawsuit
Telecom and BellSouth New Zealand have settled the lawsuit
filed by
BellSouth New Zealand in January 1997 relating
to the marketing of
wireless services, the two companies
announced today.
The agreement resolves all outstanding
disputes between the two companies.
Terms of settlement
were not disclosed.
"It is very pleasing to have
relationships between our two companies
resumed on a
straightforward, business-like basis," Clive Litt,
Manager
External Relations said.
BellSouth New Zealand,
a partnership between US-based BellSouth Corp.
and
Singapore-based ST Telecommunications Pte Ltd, sold
its cellular operations
in New Zealand to Vodafone Group
Plc in
1998.
ENDS