In 2000 the company was acquired by Telecom New Zealand in stages and delisted from the stock exchange. Today AAPT claims to be one of only three Australian telecommunications providers to own and operate its own national voice and data network. AAPT has positioned itself a Virtual Network Operator in the mobile market utilising the Vodafone Australia network. In 2006 CommodiTel, acquired AAPT's prepaid customer base.
AAPT's performance in Australia has been considered disappointing, requiring significant investment from its parent company, not providing any returns and has been written down in value by $NZ1.7 billion. In 2006 Telecom considered selling the business but was unable to find a buyer for the company.
With significant take up of DSL services in Australia and the relatively slow DSL services available for resale from Telstra, AAPT sought access to competing DSL services operated by companies investing in local loop unbundling. In November 2006 AAPT signed a wholesale network agreement with Powertel to allow access to Powertel's wholesale network and installed ADSL2+ broadband network.
Powertel subsequently became a takeover target and Telecom responded by making a counter offer of A$357 million (NZ$400 million) for the company. This offer was accepted and concluded in May 2007 with former Powertel boss, Paul Broad appointed CEO, with the AAPT name replacing the Powertel name across the business unit.
In May 2008 AAPT announced that it would trial outsourcing part of its customer service and Technical Support functions to Teletech in the Philippines.
Telecom New Zealand Officially Acquires 100% of Powertel, and Both AAPT and Powertel Combine Under the Same Operating Structure.
Feb 11, 2009; Research and Markets(httpwww.researchandmarkets.com/research/5970da/aapt_powertel) has announced the addition of the...