TELECOM CORP: Unit’s Dispute v. Pacific Union Suit Still Ongoing

PowerTel Limited remains in a dispute with Pacific Union Group Pty Limited relating to PowerTel’s withdrawal of certain product lines from the scope of the dealer agreement between the parties.

PowerTel is a subsidiary of Telecom Corporation of New Zealand Limited.

Pacific…

TELECOM CORP: Telstra’s Suit v. Australian Unit Remains Ongoing

The suit filed by Telstra Corporation Limited against Telecom Corporation of New Zealand Limited’s subsidiary, PowerTel Limited, is still ongoing in the High Court of Australia.

Telstra is the principal supplier to the Company’s Australian operations.

Telstra is seeking a statement…