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inquisitor (Offline)
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Default 27-11-2010, 23:45

They went bust due to some people globetrotting instead of observing financial control over the company, which ended in a financial gap of some € 15m, that could not be closed in the course of the global financial crisis. Besides management failures the business suffered from the impact of EU roaming tariffs regulation and the asymmetric usage of too many subscribers (the cheap or even free incoming calls should have been cross-subsidized by the income from outgoing calls, which requires a symmetric calling volume).


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