James
Thats not my understanding of it. As I understand it it refers to the fact that they started a new contract and process with embedded networks from which they derive recurring type income. If you look at the recent presentation they show embedded networks as a growing base. Its my understanding that this is their (INT) share of those contracts and hence income for INT not part of the embedded network utility charges.
I really hope I am not incorrect as it would have a material impact on the profit model if its just a charge through and no profit. That would take the turnover down by about a third from what we all seem to be projecting.
This is something that we all need clarity on.
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