Business Services Industry
Wider probe of New Tel looms.
Australasian Business Intelligence, January, 2003
Jan 06, 2003 (The West Australian - ABIX via COMTEX)
The administrators of Western Australian (WA) telco New Tel say it should be liquidated. Phil Carter, of PricewaterhouseCoopers, says no acceptable proposal to salvage it has been put forward, and he understands Australian Securities & Investments Commission officers believe the company traded while insolvent. If New Tel is liquidated, action could be taken against its directors, including CEO, Peter Malone, and Deloitte Touche Tohmatsu CEO, Domenic Martino, who was a director until February 2002. A bid for New Tel by Broadband & Wireless subsidiary, Broadband & Wireless Investments, was rejected by creditors, but another deal involving outsourced customers of RSL Com and Singtel Optus subsidiary, RSL Com...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
