Newcall extends option on Iprolink

Newcall Group has announced an extension to its option to purchase Auckland ISP Internet ProLink.

Newcall Group has announced an extension to its option to purchase Auckland ISP Internet ProLink.

In a statement yesterday Newcall said that because of a delay in the option period becoming unconditional, the vendors of Iprolink had granted an extension until Monday January 17, 2000. The original option expired on Monday.

The purchase is to be settled by a combination of cash and shares in the publicly listed Newcall Group in exchange for all the shares in the privately-owned Iprolink.

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Tags e-commerceNewcallIProlink

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