In message , at 10:50:29 on Mon, 26 Sep
2016, tim... remarked:

Oh and then there's Ionica, now much money was lost there?

An interesting business model: Try to attract only those customers who
want to spend as little as possible, or who are regarded by BT as too
big a credit risk. And then fail to roll out the only product which had
a technical edge on the competition (faster, but still narrowband,
data).

And losing £150m on a turnover of £10m is pretty much a world record I'd
have thought.
--
Roland Perry