|
Telecom NZ offers a lifeline to Quickflix
Nov 22, 2012 (The Australian - ABIX via COMTEX) --
Telecom New Zealand is rumoured to have provisionally agreed to provide about one third of the $A8m online movie rental firm Quickflix needs to avoid administration. Quickflix suspended its shares on 13 November 2012, pending confirmation of a new investor and capital raising. Quickflix's cash reserves have fallen from $A5.7m to $A2.2m and the company reported a net operating cashflow loss of $A1.8m.
Publication Date: 23 November 2012
QUICKFLIX LIMITED - ASX QFX
TELECOM CORPORATION OF NEW ZEALAND LIMITED - ASX TEL
MESA INCORPORATED
NETFLIX INCORPORATED
SONY CORPORATION
MICROSOFT CORPORATION
[ Back To Microsoft News 's Homepage ]
|
Internet Telephony Magazine
Click here to read latest issue
CUSTOMER 
Cloud Computing Magazine
Click here to read latest issue
M2M Evolution Magazine
Call Center/CRM
Info Tech 
IP Communications 
Mobile 
Green 
Satellite 
Robotics 
