Netlinkz to Launch SecureLink Joint Venture in Philippines

MT Newswires Live

03/11

Netlinkz (ASX:NET) said the official launch date in the Philippines of SecureLink Networks, its joint venture with PT&T, is March 25, according to a Tuesday Australian bourse filing.

The company is also considering the sale of its China business or transfer to the current management team in China amid plans to cease ownership of its China business by the fourth quarter, the filing said.

SecureLink will license the VSN technology through reseller arrangements to companies in China and to the new owners of the China business without Netlinkz being liable for the regulatory and operational costs of owning and operating a business in China.

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