|
|
|
01 Jun 2009
Communications firm Kcom is set to outsource its Integration and Managed Services (I&MS) unit, which includes integrator Affiniti, to BT with an announcement expected tomorrow.
The Telegraph reports that the deal could help facilitate an annual cost reduction of £10m. Channel onlookers have long predicted that Affiniti, which Kcom acquired in 2004, would eventually be spun off by the Hull-based company.
Such speculation was not dampened when incoming Kcom chief executive Bill Halbert launched a strategic review in November following a tough year for the I&MS arm. The division has lost well over 200 staff in the last 18 months as annual revenues dropped 10 per cent in the nine months to the end of 2008.
Further reading
The Telegraph suggests that the BT deal could lead to Affiniti and the other smaller firms which make up I&MS being demerged from Kcom. It also claims the telecoms firm could look to sell off its business operating Hull's telecoms infrastructure.
Kcom is soon to publish full-year results for the 12 months to the end of March, with pre-tax profit expected to more than quadruple on last year to £19.5m. However, revenue is anticipated to decline more than 10 per cent from £517m to about £470m.
Related articles
In this video find out about the fast-growing Chinese vendor's plans for market domination and how the channel is its route of choice
Find out what gifts Acer has in store for partners for 2012 in this exclusive roundup of its recent conference
CRN's premier networking event is back on 17 May at the Ricoh Arena
Date: Thu 17 May 2012
Channel fighters preparing to square up once more on 24 May
Date: Thu 24 May 2012
The proliferation of endpoint devices within the enterprise has highlighted the shortcomings of one of the traditional approaches to data security
This Forrester report compares the costs and benefits of legacy email and productivity software with Google Apps
Dave discovers that rozzers are seemingly living in the technology dark ages
Mark Needham, founder of distributor Widget, argues that John Browett leaves for Apple with Dixons in better shape than when he arrived
|
|
|
Do you agree?
Have your say