Technology

Another local bid for a block of shares in Telecom Cook Islands is currently in the works.

Mike Tavioni is demanding that locals be given more time to band together and make an offer on Telecom New Zealand’s majority stake in Telecom Cook Islands.

The Democratic Party will push to have Telecom Cook Islands owned by a majority of local shareholders if it comes into power, says leader Wilkie Rasmussen.

Telecom offer closes in 10 days

Wednesday April 30, 2014

Those keen to get their hands on a majority share of Telecom Cook Islands have only 10 days left to throw their hat in the ring.

Internet provider O3b is preparing to launch its second group of four satellites in June, which should provide a more robust service for Cook Islanders.

Locals urged to buy TCI shares

Friday April 11, 2014

Cook Islanders at home and abroad are being called on to band together and buy out the Government’s 40 per cent share of Telecom Cook Islands.

Owners of the land currently occupied by Telecom Cook Islands have expressed concerns over the sale of TCI shares to Digicel.

Telecommunication Minister Mark Brown has dismissed an idea to use assets held in the Cook Islands National Superannuation Fund to purchase Telecom New Zealand’s 60 per cent stake in Telecom Cook Islands.

Any locals willing and able to pay $23 million for the lion’s share of Telecom Cook Islands will soon get their chance to make an offer.

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