Maintel group revenue falls to GBP 45 million in H1

UK provider of cloud and managed communications services Maintel reported group revenue of GBP 45.2 million for the six months to 30 June 2026, in line with expectations, compared to GBP 46.5 million in H1 2025. Recurring revenue accounted for 70.4 percent of total revenue, compared to 74.3 percent in the year-earlier period. The drop in total revenue was the result of a small number of churned contracts, which offset 11.8 percent revenue growth and price increases, the company said.