Quadtel COO steps down

Quadtel COO steps down

Listed network equipment distributor Quadtel has lost its chief operating officer and director Eric Wilkinson who, according to the company, resigned to "pursue other opportunities".

Quadtel CEO David Ramsay wished Wilkinson all the best for the future and took the opportunity to hint at possible expansion plans into the Asia-Pacific region in the near future.

Quadtel recently cancelled a planned acquisition of distributor CHA after the latter company announced the proposal publicly before the agreement was finalised. CHA claims the deal fell through due to Quadtel's stock offer, which was undervalued due to the state of the Internet stocks at the end of 2000.

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