New Energis chairman Archie Norman has hinted that some of the company's telecoms network may be closed down if it fails to make money.
In an exclusive interview with vnuet.com, Norman said it was very unlikely that another company would build a major telecoms infrastructure in the near future.
"Nobody in their right minds would build a telecoms network like we have again in the next five to ten years. It is not going to happen," he said.
"What is built is built, and some of that will close down and disappear. Commercial reality is, if you have a network and no revenues there is no future. There are a few people in that situation already."
Analysts believe that Energis is on a much sounder footing than a few weeks ago, when its shares crashed to less than one penny.
"I think the problems have been put to bed," said Roger Runswick, director of telecoms analyst Schema. "The problem [is] with the international forays, in particular Germany, which cost them a huge amount of money - writing off half a billion pounds was just the world's worst timing."
Runswick added it was the international division that was costing Energis money. With that part of the business being sold off separately, he said, there was every reason for the UK operation to succeed.
Norman said the main focus of the restructured Energis was to focus on the customers who had stuck with the company and to get more business from them.
He said his customers were pleased that the company had got itself onto a more stable footing following an injection of £150m of cash and equity.
He also quashed rumours that the company was thinking of a merger with beleaguered cable company NTL.
"Our priority is not to merge with anybody. We can build a very strong self-standing business, we have unparalleled commitment from the banks and the shareholders," Norman said.
"I am not interested in anybody else, they can look after themselves. I am interested in building this business," he added.
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