LONDON-Vodafone Group plc announced plans to buy the national GSM (Global System for Mobile communications) network in New Zealand for about US$369.1 million.
Vodafone Europe Holdings BV reached an agreement to buy the network and related assets operated by BellSouth New Zealand Ltd. as well as all the issued share capital in BellSouth New Zealand from BSNZ Wireless Holdings Inc. and ST Telecommunications Pte. Ltd.
BellSouth New Zealand is a partnership of BellSouth Corp. and Singapore Technologies.
