Telco retailer and wholesaler M2 has acquired Commander's small and medium business brands and assets for around $19 million, but not Commander's network infrastructure.
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.
Mysterious outfit Commander Telecom Group (CTG), a consortium set up just two days ago, has bought Commander Communication's telco business for an undisclosed sum.
Cisco Systems' New Zealand country manager David Barker will step down on 10 July, making way for Geoff Lawrie, who was up until recently in control of failed telecomms services company GDC Communications.
SP Telemedia has emerged as the winning bidder for wholesale network provider Comindico. which was recently placed into receivership by its secured creditor, Cisco.
Companies are hanging on to their IT equipment longer to stave off spending what they can't currently afford. But IT systems have to be disposed of eventually; what happens when they do?
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