" It is a painful observation, but set-top boxmaker Pace Micro is threatening to join Sinclair, Psion and so many other British innovators who proved to be great at inventing new kit, but hopeless at making any money from it.

Corporate contingency planning could not have predicted that one major domestic customer would go bust (ITV Digital), two would have to freeze their business plans because of the size of their debts (Telewest and NTL), and that the fourth (BSkyB) would declare that it would only buy from Pace if it was willing to supply at below cost."

516 Also posted to: Home page , Telewest backgrounder . At: 12:15:36 PM  . .
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Other title(s) for this story: Good idea, shame about the marketing