BNS Telecom making progress slowly
Tuesday, August 08, 2006
BNS Telecom Group plc is slowing the build up of its sales force as some of its new joint marketing relationships are not contributing as quickly as anticipated at the time of flotation in November 2005.
In a trading update BNS Telecom said that although the year to 31 July 2006 is in line with expectations and the company expects growth in revenues in 2007, it has slowed the build up of its sales force as some of its new joint marketing relationships are not contributing as quickly as anticipated at the time of flotation in November 2005.
BNS added that the four businesses acquired during the year for approximately £1.2 million have now been fully integrated into a new division headed by Mark Stewart who was appointed to the Board this week.
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