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BUZZ-KCom Group Plc: Down on weak H1 revenue

Reuters - UK Focus

** Shares (Frankfurt: DI6.F - news) in KCom Group Plc (LSE: KCOM.L - news) fall as much as 9 pct after the British telecoms company reports a 7 pct fall in H1 revenue.

** Shares hit 15-mth low and are one of the top losers on LSE on active early volume (82 pct of 30-day avg).

** Group revenue outlook down due to weak new orders in Kcom brand, company says.

** Growth in new areas insufficient to compensate for those areas where Kcom brand suffered declines, with about GBP 4 mln of revenue lost from Phones4U contract.

** KCom had said in June that its largest division, also called Kcom, would see an incremental decline as it focused on value-added services. (Reuters Messaging: roshni.menon.thomsonreuters.com@reuters.net)