Manx Telecom not fazed by competition

Manx Telecom says it isn't fazed by more competition in the telecoms market.

That's despite admitting that on Island business had fallen somewhat 'flat' over the six months to June.

The company says its results are in line with board expectations - fixed line broadband and data revenues grow by just 1.9 per cent.

Last week it was announced that Wi-Manx is bidding for a full telecoms licence.

MT chief executive Mike Dee says it isn't really anything new:

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