Competition Hits Earnings at Telecom Group

Summary


Business telecoms supplier Thus yesterday said first-half earnings would fall short of last year in the face of tougher trading conditions.

The Glasgow-based group said margins had been affected by increased price competition in the current quarter, including predatory pricing for corporate accounts, switched voice and leased line services.

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Competition Hits Earnings at Telecom Group

There had also been an acceleration in replacement of dial-up internet se...

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