Tele2000

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Last updated: 6 Jan 2002 Update History

Report Status: Archived

Report Pages: 3

Analyst: Paul Budde

Synopsis

From 1997 it had been a master agent for WorldxChange, offering large discounts on national and international calls. In early 2002 the company reached a settlement and will receive approx $1.6 million from the liquidators of WorldXchange. The company plans to use this to acquire the assets of the sales and marketing group Xigo. The company has a sales network of more than 120 agents in most major Australian cities.

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