Vodafone New Zealand Limited reached an agreement to acquire remaining 30% stake in BayCity Communications Limited from TeamTalk Limited (NZSE:TTK) for NZD 3 million on May 16, 2018. The transaction is expected to close on May 31, 2018. Vodafone New Zealand Limited cancelled the acquisition of remaining 30% stake in BayCity Communications Limited from TeamTalk Limited (NZSE:TTK) on May 16, 2019.