Dec 22 (Reuters) - Macquarie Telecom Group Ltd MAQ.AX :
* BULLETPROOF LODGES TARGET'S STATEMENT AND RECOMMENDS SHAREHOLDERS REJECT MACQUARIE TELECOM'S OFFER
* TARGET'S STATEMENT HAS ALSO BEEN GIVEN TO MACQUARIE TELECOM AND IS BEING DESPATCHED TO BULLETPROOF SHAREHOLDERS
* INDEPENDENT EXPERT APPOINTED BY BULLETPROOF TO REVIEW OFFER HAS CONCLUDED OFFER IS NOT FAIR AND NOT REASONABLE