back to article Confused Colt dumps the IT services market while revenues shrink

In a major about-turn, telecoms network provider Colt has today announced it will exit the IT services market as the firm searches for a fresh strategy to halt a worrying decline in revenue. "We are taking decisive action to become a more focused and disciplined organisation," said Rakesh Bhasin, CEO, in an update to the …

  1. Anonymous Coward
    Anonymous Coward

    Colt...

    ...making BT look efficient and flexible.

    1. Anonymous Coward
      Anonymous Coward

      Re: Colt...

      Colt make me feel like I have been cursed by a vindictive wizard!

      Just when I think I have rid myself for them, either I move job and they already have their tentacles into my new company, or they buy a service provider I am using and apply their inverse Midas Touch.

      Shudder.

    2. Lord Lien

      Re: Colt...

      A company I worked with in the mid 00's fucked them off out of it for being shit!

  2. adam payne

    The IT services market should be growing so i'm not sure why they are trying to pull the plug on it instead of sticking with it.

    If it's going to cost more money than it's worth to close it down why don't they split it off and sell it on to someone who can grow that part of the business.

  3. The Godfather
    Facepalm

    Hello???

    A very. very confused business...

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