ZipTel has now asked for a third extension as it responds to the ASX

ZipTel was due to update the market on its ongoing discussions with the ASX on Friday, and it did.

At 7.28pm at night.

The company has now requested a third extension of its voluntary suspension from trading and confirmed that it has a second set of questions to answer from the ASX.

The first set of questions were eye-wateringly tough.

The discussions with the ASX started after an announcement that ZipTel (ASX:ZIP) made to the market about a deal with an Indian partner which saw its share price rocket from 1.8c to 4.3c.

ZipTel is due to provide another update to the market on Wednesday, August 30.