A Samoan-based company has paid NZ$23 million for a controlling interest in Telecom Cook Islands, after nearly a year of negotiations. Teleraro Limited, which is a subsidiary of the Bluesky Group of Samoa has acquired a 60 per cent stake in the Islands' sole telecoms provider. The Cook Islands government has the other 40 per cent. Spark said the sale was part of its strategy to concentrate on the New Zealand market. As well as landline, mobile and internet services, the new majority shareholders operate a cable TV service which they hope can be rolled out in the Cook Islands in the future.