March 12, 2018 / 1:07 AM / a year ago

BUZZ-Australia's Family Zone Cyber Safety drops; says India entry delayed

** Shares of Family Zone Cyber Safety drop as much as 10 pct to A$0.540, their lowest since early-Feb

** Software security developer says entry into Indian market delayed after telcommunications firm Aircel, majority owned by Maxis Bhd, files for insolvency protection

** Family Zone signed deal with Aircel in Feb for distribution of co’s services in India

** Aircel Ltd filed for bankruptcy late-Feb, pressured by a high debt pile and mounting losses stemming from a local price war

** Stock clocks worst intraday session in more than one month

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