Telecom Cook Islands senior management has joined a consortium led by local Cook Islands investors to submit a formal expression of interest for the 60 per cent Telecom NZ shareholding in Telecom Cook Islands.

Local businessman William Framhein has joined forces with an overseas telecommunications company and made an 11th-hour offer to buy the Telecom Cook Islands shares.

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.

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