The sale of Commander's telco arm to mystery consortium Commander Telecom Group (CTG) has failed.
Commander Telecom Group (CTG), the shadowy group of investors which has teamed up to buy beleaguered company Commander's telco arm, has written to employees explaining its intentions for its recent acquisition.
The mysterious consortium of investors behind the bid for Commander Communications' telco assets has denied any connection to the Steggall family, members of which have been involved in other bids in Australia's telecommunications industry.
Telecommunications hardware supplier Commander Communications has continued its move into the telecommunications services market with the AU$59.9 million purchase of RSL COM.
New Tel has been placed into liquidation, thanks to the casting vote of administrator Phil Carter of PricewaterhouseCoopers.
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