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News | 09/24/2001 4:00 am EDT

Call-Net settles lawsuit with ex-CEO, abandons ASP
Call-Net Enterprises Inc has reached an out-of-court settlement with its former CEO, Juri Koor, who sued the company following his dismissal two years ago (NL, Nov. 1/99). No terms of the agreement were released. The Sprint Canada parent has also announced that it is shutting down it ascenda Inc subsidiary. The company said it would no longer take part in the ASP business.

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