...and the surprise is?
Well who can say that they are surprised by this?
Apart from being insolvent, the company has shown just how shallow its entire "Ethics in business is really important to us" line really was, with hundreds of staff laid off without even an attempt to satisfy the legal requirements, let alone any redundancy compensation. Not to mention all those who took voluntary redundancy towards the end of 2008 who were told (mysteriously) that they had to wait until Jan 2009 for their settlement - which of course never materialised with the company going into administration on 14th Jan (take a peek at http://www.shameonyounortel.co.uk)
Given all this, did anyone SERIOUSLY think that they could retain their position as a tier-1 2012 provider? And if they did, what were they smoking....