This article is more than 1 year old

Energis all smiles amid whispers of sliding revenues

Everything's fine, honest

Alternative telco Energis has secured major contracts worth more than £500m, the company bragged today.

A string of deals with the Financial Times, DHL and the RAC among others over the last six months has helped the telco rack up double-digit growth in its core corporate market.

Said Energis CEO John Pluthero: "We're seeing growth right across our core markets of data, contact centres and hosting - as well as voice. And we're breaking into new sectors like retail financial services, government and the automotive industry. We're delighted with the progress we are making,"

His upbeat assessment coincides with a hammering received by Energis in the weekend press.

Quoting unnamed industry sources, the Independent on Sunday reported that revenues at Energis are on the slide with the 16 banks that own the company becoming increasingly nervous and looking to ditch their holdings. ®

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