Open Telecommunications has appointed voluntary administrators, with negotiations to sell its OSS business having stalled.
Open Telecommunications' administrator Deloitte Touche Tohmatsu has said that approximately 70 staff will be reinstated today in Sydney, following support from Comindico and LG for the telco’s switching business.
Open Telecommunications administrators Deloitte Touche Tohmatsu sought a 60-day adjournment today to present the future of the company to creditors, having failed so far to find buyers for parts of the business.
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