Britain's Most Admired by sector: Telecommunications

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Last Updated: 09 Oct 2013

1 Vodafone 60.3
2 Inmarsat 59.3
3 BT Group 53.1
4 Cable & Wireless 49.0
5 Colt Telecom 39.5

Cash-strapped consumers are slow to respond in this sector. Even Vodafone is having to double its cost-cutting drive to £2bn by 2012 after first-half revenues dropped by 3% to £21.8bn. Inmarsat overtakes BT for second spot, after Q3 revenues rose 9% to £105.4m. Half its revenues come from satellite services to ships, where rising demand for data has helped offset the reduction in overall shipping traffic. BT's first-half pre-tax profits fell 45% to £547m and its gross pension deficit mushroomed to £9.4bn. Can the imminent move to superfast broadband save its blushes?

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