Red Chip Features: IT Group Holdings Inc. (ITGL.OB)
There are many reasons why Red Chip is featuring IT Group Holdings. Their total assets have grown 86% in less then a year, they have completed an installation of a large capacity public switch and network, their core wholesale line of rental and airtime products are making the company the fastest growing company in the UK, plus they have established a UK-wide access and support infrastructure. IT Group Holdings holds a key contract with British Telecom with indefinite length that allows the company to sell line-rental and airtime at highly competitive prices. It is currently trading at a P/S of…