The mystery consortium which plans to buy out Commander's telco business today denied that the failed company's former chief executive Adrian Coote was behind the bid.
Four months into Commander's 'turnaround' plan, CEO Amanda Lacaze is confident that the ailing IT services company is heading for better days.
Troubled telco Commander has cut 600 staff and aims to slash its operational costs as part of its turnaround plan released yesterday by new CEO Amanda Lacaze, after events late last year almost saw the company collapse.
After a difficult 12 months in which its share price has plummeted from over AU$2 to under AU$0.50, telco Commander has appointed a new managing director.
In a month that has seen Commander fending off rumours of a sale, its lawyers Freehills have accidentally revealed a list of potential buyers.
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