Analysts at Goldman Sachs lowered its rating on the operator and the forecasts telecoms English Colt Telecom. According to Goldman Sachs, the risks associated with investments made by Colt in hosting and DSL services are making it uncertain assessment of the company. Even the estimates of revenue growth have been revised: the second quarter of 2001 is expected to bring revenue to about 225 million pounds (230 million pounds from the previous), while for the full year sales are expected to fall from 980 million to 950 million pounds, mainly because of the weakness of the euro against the pound. Colt is then downgraded to “market outperform” to “market perform.” The title right now is 453 pence, up 1 .68%.

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