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From The Economic Times

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One.Tel collapsed in 2001 after billing failures and a cash crisis. How its legal fallout led to a $40 million settlement in 2014

One.Tel collapsed in 2001 after billing failures and a cash crisis. How its legal fallout led to a $40 million settlement in 2014

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One.Tel collapsed in 2001 after years of trading losses, billing failures and mounting cash-flow problems. The Australian telecom company's failure triggered a prolonged legal dispute, which ended with companies associated with James Packer and Lachlan Murdoch agreeing to a $40 million settlement in…

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