The receiver appointed to failed hospitality company Wilson Neill may have a buyer for its ISP, Radionet.
The wireless internet provider went into receivership on April 4 after its parent company, which also owned the Cobb and Co chain of family restaurants as well as the Auckland icon Iguacu restaurant and publishing house IT Media, folded after a bail-out deal was terminated.
Receiver, Stephen Tietjens of Auckland-based Corporate Finance, says a deal should be announced within a couple of weeks.
"We have a tentative deal in the pipeline but nothing concrete at this stage."
Radionet has continued trading through its current troubles.