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KCOM cutting debt faster than expected

Thu, 31st Mar 2011 18:10
Cash is rolling in at Hull-based telecoms group KCOM and debt at the end of March is expected to be below £85m, comfortably below current market expectations."We have seen incremental growth in the multi-year contracted order backlog within Kcom during the second half of the financial year," the company said in a short trading statement.---jh

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