
Australia's corporate regulator said that former One.Tel director Bradley Keeling has agreed to pay his share of A$92 million (EUR 50 million) compensation, Dow Jones Newswires reported. One.Tel, a telecommunications company that offered discount services and was present in countries all over the world, had debts of more than A$600 million when it collapsed in June 2001. Keeling is one of four defendants in the court proceedings bought by the Australian Securities and Investments Commission.