Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.
ASX listed ISP, Chariot Limited is facing a claim of $3.2 million for alleged breach of contract from Transcom Australasia Pty Ltd and Transcom International Limited, companies with which it intended to partner to launch VoIP services.
Two of its directors, Peter Buttery and Robert Horlin-Smith are also facing claims for pecuniary damages.
According to Chariot, "The claims by the Transcom Companies arise from agreements between them and Chariot and the termination of a wholesale distribution agreement under which certain products and services were expected to be made available to the Australian telecommunications market."
Chariot says it will vigorously defend the claims, filed in the Queensland Supreme Court, and is seeking advice as to any causes of action (including counter-claims) that may be available to it."
In November 2004 Chariot announced plans to launch a VoIP service early in 2005 in partnership with US and UK based softswitch manufacturer, Transcom, in which it had taken equity. However there were significant delays and the company announced in November 2005 that it would launch the service by year end. It had still not been launched at the end of February.
David Bass
| For the fourth year in a row, IDC has placed content security provider Websense (NASDAQ: WBSN) at the top of the IDC Worldwide Web Security 2011 –…
How to Make Business Discovery Work for Your Business
Business Discovery takes its cues from consumer apps. Like Google, it encourages us- ers to hunt for and explore data without worrying about or even noticing the underly- ing technology. Their entire experience is working within an intuitive interface to get real-time, self-service results with only minimal training. ...more
Try an easy-to-use set of web-enabled
tools for business-class productivity services. Office 365 provides
anywhere-access to email, important documents, contacts, and calendars
on almost any device.