Telstra reseller, Interactive Telecoms, is likely to enter into liquidation today, following the closure of the business in early August.
The companys joint administrator, Ian Purchas, told ARN that Telstra withheld a “significant payment” after terminating its licensing agreement with the reseller.
The New South Wales-based company entered into voluntary administration on 2 August and ceased trading on 4 August, immediately after Telstra terminated its licensing agreement with the company.
According to Purchas, investigations into the companys failure are ongoing, but it is unlikely that unsecured creditors will …
Read the full article at: https://www.arnnet.com.au/article/626945/interactive-telecoms-enter-liquidation-after-telstra-commission-wrangle/