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Vodafone has rubbished suggestions it could be considering the sale of its New Zealand business.
The National Business Review weekly newspaper reported today an industry source saying there were strong indications the British-based Vodafone Group was looking to offload both its New Zealand and Australian businesses.
Such a sale could explain TelstraClear's decision to dump plans for building a mobile network in this country, the source said.
If TelstraClear's Australian parent Telstra was a hopeful buyer of Vodafone's Australasian business and assets, it would not need its own network in New Zealand.
But approached about the article, Vodafone New Zealand external communications manager Elinore Wellwood said the company was not for sale.
"There's no truth in the rumour," she said.
- NZPA
