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[Meier M]

Guten Morgen

das Baby gedeiht schön langsam!

Wed, 05 Jul 2000

NTT Communications Corp. Could Take Stake in Davnet to Expand Relationship

By Ben Power

Melbourne, July 5 (Bloomberg) -- NTT Communications Corp., the international unit of Nippon Telegraph & Telephone Corp., is looking to take
a stake in Australian telecommunications provider Davnet Ltd. to expand their relationship.

NTT Communications bought 49 percent of Davnet Telecommunications Pty, Davnet`s Australian unit, for A$116 million ($70 million) in
November. Davnet`s Chief Operating Officer Jason Ashton said the companies were in talks to expand the relationship, including NTT
``investing in the parent company separately.``

NTT, Japan`s former phone monopoly, is seeking to grow its presence in Asia by taking stakes in the telecommunications companies. NTT
already owns holdings in several Asian carriers, including Philippine Long Distance Telephone Co., Thai Telephone & Telecommunications Plc
and StarHub Pte of Singapore.

Melbourne-based Davnet provides telecommunications services, including Internet and telephone access, to 1500 corporate buildings in cities
such as Hong Kong and Sydney, and is looking to expand to 23 more.

The company is looking to raise about $100 million to fund expansion by selling shares on the Nasdaq market. No time frame for the share sale
has been provided. Davnet has about A$90 million in cash. It scrapped plans to buy Hong Kong`s New World Telephone Ltd. from New World
Development last month.

Davnet`s shares recorded their biggest daily rise in almost 6 months yesterday, surging 23 percent. It rose 20 cents, or 11.4 percent, to A$1.75
today. The company had fallen as much as 83 percent since its March 29 record of A$5.99, reaching A$1.01 on June 21. It`s increased 94
percent since then.

``We`re focused on becoming profitable and expanding our business,`` Ashton said, adding the company was looking to appoint new executives
soon.

[Troete2000]

Schön, Meier M, daß Du Dich auch mal wieder meldest... Du hast nur vergessen zu posten, daß Davnet die Meldung von Bloomberg schon dementiert hat...

Bis denne,

die Troete

[thaicook]

hi Troete2000,

ich habe ein große bitte an dich. Woher hast du die infomation, daß Davnet die Meldung von
Bloomberg schon dementiert hat? das ist für mich sehr wichtig. hab es selbst noch nirgends gesehen,
auch nicht bei http://WWW.Davnet.com.au/. wollte grad schon einsteigen, auch aufgrund der meldung mit NTT.
jetzt bin ich mir nicht mehr so sicher.

ich wäre dir echt dankbar.

thaicook

[Schekelfuchser]

Hi Thaicook!
Bloomberg selbst hat die Meldung mittlerweile korrigiert, zu finden unter:
http://www.bloomberg.com/au/front_news2.html?s=AOWLdoxKZTlRU…
Siehe Ende des 3. Absatzes: "NTT said it had not discussed raising its stake in Davnet."
Anbei die komplette, korrigierte Meldung.
Gruß Schekelfuchser


Wed, 05 Jul 2000, 11:56pm EST

NTT Communications Corp. Could Take Stake in Davnet to
Expand Relationship
By Ben Power

Melbourne, July 5 (Bloomberg) -- NTT Communications Corp., the international unit of
Nippon Telegraph & Telephone Corp., is looking to take a stake in Australian
telecommunications provider Davnet Ltd. to expand their relationship.

NTT Communications bought 49 percent of Davnet Telecommunications Pty, Davnet`s
Australian unit, for A$116 million ($70 million) in November. Davnet`s Chief Operating
Officer Jason Ashton said in an interview the companies were in talks to expand the
relationship, including NTT ``investing in the parent company separately.``

The company later issued a statement saying an investment by NTT wasn`t
``imminent,`` though it aimed to develop the relationship ``both commercially and
operationally.`` NTT said it had not discussed raising its stake in Davnet.

Davnet scrapped plans last month to buy 75 percent of Hong Kong-based New World
Telephone Ltd., an unprofitable unit of New World Development, because of the price.
No financial details of the planned purchase were ever disclosed.

Still, Davnet Digital Hong Kong Ltd. has gained access to Hutchison Whampoa Ltd.`s
optic fiber network in Hong Kong and will provide Internet and telephone services to
the 500 most profitable buildings in the city.

Melbourne-based Davnet provides telecommunications services, including Internet
and telephone access, to 1500 corporate buildings in cities such as Hong Kong,
Sydney, Chicago and New York and wants to expand to 23 more. NTT would take a
holding in the telecommunications company so Davnet could ``continue expansion
outside Australia,`` said Ashton. The company may also gain access to NTT`s network
in Asia.

Shares Rise

In Singapore, Davnet plans to wire up 120 buildings with broadband technology,
allowing high-speed Internet access and data flow in the business district by the end
of 2001. Davnet will buy phone services from fixed phone line companies, and
repackage them by wiring up office buildings using underground cable.

NTT, Japan`s former phone monopoly, is seeking to expand its operations in Asia by
taking stakes in other telecommunications companies. NTT already owns holdings in
several Asian carriers, including Philippine Long Distance Telephone Co., Thai
Telephone & Telecommunications Plc and StarHub Pte of Singapore.

Davnet`s shares recorded their biggest one-day gain in almost 6 months yesterday,
surging 23 percent. The shares rose 9 cents, or 5.1 percent, to A$1.84 today. The
company had fallen as much as 83 percent since its March 29 record of A$5.99,
reaching A$1.01 on June 21. It`s increased 82 percent since then.

``We`re focused on becoming profitable and expanding our business,`` Ashton said,
adding the company will appoint new executives soon.

The company is looking to raise about $100 million to fund expansion by selling
shares on the Nasdaq market. No time frame for the share sale has been provided.
Davnet has about A$90 million in cash.

[Bellaloona]

ach so ist das

[*Joker*]

Kann nicht einer mal einen kurzen Überblick über das Dementie geben!
Was soll man tun, nachkaufen (sehr billig zur Zeit in Frankfurt) oder verkaufen?

[metisdo]

DAVNET LIMITED 2000-07-07 ASX-SIGNAL-G

HOMEX - Melbourne

+++++++++++++++++++++++++
The Board of Davnet Limited is pleased to announce the appointment of
Mr Robert (Hal) Turner to the Board of Directors, effective
immediately.

Mr Turner brings to the Board over 20 years of management experience
in the global telecommunications industry.

Prior to joining Davnet as an executive, Mr Turner was recruited to
New World Telephone Limited in Hong Kong to serve as Chief Executive
Officer of the new company to be formed after the acquisition of New
World Telephone`s FTNS (Fixed Telecommunication Network Services)
assets by its then management and investors.

Since beginning his career in telecommunications in 1977 with AT&T,
Mr Turner has held a number of positions of increasing
responsibility, including President and Chief Operating Officer of
BellSouth Communications Inc.

Mr Turner also served as President and Chief Executive Officer of
TeleZone Corporation, a Canada based PCS provider. There, Mr Turner
successfully led the negotiations between TeleZone and its strategic
partner AirTouch Communications Inc, and Bell Atlantic Corporation.
Prior to Telezone, Mr Turner served as President and Chief Executive
Officer of PTT Telecom Netherlands, United States, Inc. where he
established the Company`s American subsidiary and set the strategy
for its international ventures.

Following, Mr Turner served as President and Chief Executive Officer
of EON Corporation, a US nationwide operator of wireless Interactive
Video and Data Services (IVDS), where he successfully repositioned
EON from a technology developer to an operator of wireless services.

Before joining NWT, Mr Turner served as a Director and President and
Chief Executive Officer of EqualNet Communications, a
telecommunications service business providing local, long distance
and internet services in major US cities.

As announced on 30 May 2000, Mr Turner was recruited by Davnet
Limited for the role of Chief Executive Officer of Davnet Asia. His
capabilities and the increasing demands of Davnet`s global business
have now led to his promotion to the position of Chief Operating
Officer of Davnet Limited.

Mr Turner`s direct responsibility for the Company`s Asian operations
will be assumed by Mr Eric Chan, who will report to Mr Turner.

The Board sees this as a progressive move towards positioning the
Company to achieve its global business plans.

Mr Bill Liao has stepped down as a director to make room on the Board
for Mr Turner. The Board, on behalf of all employees and shareholders
of Davnet Ltd, thanks Mr Bill Liao for his immense contribution to
the Company which saw Mr Liao actively involved in the Company`s
development from a small private concern to an international company
included in the ASX 200. He has been instrumental at an operational
and corporate level of Davnet Ltd and its subsidiaries. Mr Liao will
continue to provide services to the Company in a strategic and
corporate consultative role.

For further information please contact:

Alan Wahlhaus
CHIEF FINANCIAL OFFICER AND COMPANY SECRETARY
Telephone: [phone]

[metisdo]

DAVNET LIMITED 2000-07-11 ASX-SIGNAL-G

HOMEX - Melbourne

+++++++++++++++++++++++++
Principal Mutual Holding Company became a substantial shareholder in
Davnet Limited on 07/07/2000 with a relevant interest in the issued
share capital of 23,297,413 ordinary shares (5.03%).


Quelle: tradingroom

metisdo

[www.UpToTrade.de]

Wer hat ebenfalls etwas von einer Übernahme gehört?

http://www.uptotrade.de

[Meier M]

BLOOMBERG...
Hongkong Land, Davnet Look to Buy PSINet Unit,
Papers Say
By Kenneth Wong

Hong Kong, April 5 (Bloomberg) -- Hongkong Land Holdings Ltd., one of the city`s biggest office landlords, may buy wireless
Internet services provide PSINet Hong Kong, the South China Morning Post said.

Hongkong Land, which failed last year to win a license to provide wireless Internet services in Hong Kong, is bidding for PSINet
Hong Kong through a joint venture with U.S.-based Winstar, the paper said, without citing its source of information. Australian
phone company Davnet Ltd. also is looking to buy PSINet Hong Kong, the Hong Kong Economic Journal said.

PSINet Inc., the Internet company`s U.S. parent, this week sold a network service unit for $277 million after the company said it
may file for bankruptcy protection following an auditor`s report that questioned its ability to stay in business.

(South China Morning Post, 2-5, Business p.2) or click {CNMP } for Web site.

[mike29]

Gibt es denn DAVNET noch ??