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NETWORK provider Telewest is to scrap Rapid Travel Solutions two years after it bought the travel technology developer in a deal worth up to £10 million.
Rapid Travel Solutions chief executive Lawrence Hunt has left the organisation, while Telewest is consulting with Rapid Travel Solutions’ staff about their futures. Telewest travel sector head of sales and marketing Keith Webber said it would concentrate on its core business of broadband communication for the travel industry.
“We are managing the winding down of Rapid Travel Solutions,” Webber confirmed. “The travel sector is still an important part and a focus of Telewest’s overall business.”
Webber said Rapid Travel Solutions would continue to honour existing contracts which would allow the company to operate for up to a year.