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TIW shareholders approve share consolidation

MONTREAL-Telesystem International Wireless Inc. (TIW) shareholders have approved a consolidation of the company’s shares on the basis of one post-consolidated share for five pre-consolidated shares.

Now, the company’s issued and outstanding share capital will consist of 15.5 million subordinate voting shares and 817,000 multiple voting shares.

TIW shares were posted for trading on a consolidated basis at market opening on Wednesday June 27.

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