The corporate watchdog has failed in its civil action against One.Tel founder Jodee Rich and the doomed telecommunication's company's finance director Mark Silbermann.
James Packer has indicated he wants to continue the fight over the collapse of One.Tel, maintaining he was "profoundly misled" about the financial position of the company.
Telco analysts were today doubtful that Telstra could team up with Publishing and Broadcasting Ltd (PBL) for an interest in Internet portal ninemsn.
A landmark court ruling over the One.Tel collapse has brought its special purpose liquidator closer in his pursuit of Lachlan Murdoch and James Packer on behalf of creditors.
The UK operations of struggling telco One.Tel could be set to break away from its parent company in Australia.
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