UPDATE: Intagr8 had 'unsustainable business model', couldn't pay debts, liquidator says

Thu, 31 Dec 2015

(Adds comment from 2Degrees in 10th paragraph) By Jonathan Underhill Dec. 31 (BusinessDesk) - Intagr8 Ltd, which was placed in liquidation this month after failing to pay creditors, ran an "unsustainable business model" with upfront sales revenue too meager to cover the cost of inducements for new customers to its bundled telephone and equipment deals, the liquidator says. The collapse before Christmas left thousands of small and medium-sized businesses without telecommunications and internet services. Steven Khov and Damien Grant o...

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