No end to boom and bust

The rise and fall of the «internet hotel» was one of the amusing sideshows of the first dotcom boom. Cable & Wireless of the UK spent and then lost a fortune investing in large sheds that hosted web servers for companies. Now they are back. Telecity Redbus, a UK-based web hosting company, is looking to sell itself or float on the stock market. If it opts for the latter route, it will be the UK’s largest listed hosting company, ahead of IXEurope, which floated last year. Telecity is understood t...