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Briefs

Tracy Lee, Neil Shoebridge, Paul Garvey, Staff reporter, Michael Smith

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Telecom NZ secure

Telecom NZ has shored up its refinancing capacity after securing a new $NZ800 million ($653 million) facility with its bankers, replacing a $US500 million ($532 million) facility. Its Australian subsidiary, AAPT, yesterday launched a business-targeted high-speed internet product called Platinum delivered over standard telephone lines. Tracy Lee

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    Original URL: https://www.afr.com/companies/briefs-20080513-jkrf2