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Telecity so hot they pay in advance

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Telecity logoFurther to Anthony’s article - Telecity shows that Sticking to Knitting pays – earlier today, I was intrigued to read the following comment in George O’Connor’s (Panmure Gordon) morning note. “Very pleasing operating free cash flow up 25.2% to £74.4m – note that cash boosted by £3.8m due to a customer advance payment made in order to “secure capacity” (someone in procurement had a panic?)”

I remember when the launch of a new Jaguar would be greeted with the same reaction. Indeed, more recently, look at the lengths that people have gone to in order to secure the new iPhone or iPad. Never thought I’d write about hosting centres being as hot as iPads!


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