PAY TV and broadband services technology developer Pace believes its recovery is underway and that the business is becoming more profitable.

The Saltaire-based group, which launched a strategic review in 2011 and also saw the departure of former chief executive Neil Gaydon, today said it expects its performance over the remainder of this year to be ahead of expectations.

Mike Pulli, who was brought in to replace Mr Gaydon as chief executive, said: "Pace has had an encouraging start to 2012; recovery is underway and w......for the full story register now for free or login below...