COLT Telecom Group S.A.
COLT Telecom Group Plc (COLT) is one of the leading European providers of business communication services. The company is engaged in providing data, voice and managed services. COLT principally provides various data, voice and managed services to business and government in Europe. Its major offerings include data services and voice solutions. The data services include ether-net, internet protocol private networks (IPVPN), internet protocol (IP) voice, internet access and bandwidth services, and its voice solutions includes voice over IP (VoIP) and non-VoIP services. It operates metropolitan area networks in 34 European cities with direct fiber connections into 16,000 buildings and 18 Colt data centers through a network of over 25,000 kilometer in 13 countries across the Europe. Geographically, the company has its presence in the UK, Germany, France, Spain, Italy, Switzerland and others. The company is headquartered at London, the UK.
In September 2009, the company has joined the VMware vCloud initiative towards delivering enterprise cloud services in partnership with participants in the industry.The company reported revenues of (Euro) EUR 1,675.40 million during the fiscal year ended December 2008, a decrease of 0.25% from 2007. The operating profit of the company was EUR 93.30 million during the fiscal year 2008, an increase of 68.72% over 2007. The net profit of the company was EUR 71.90 million during the fiscal year 2008, an increase of 83.42% over 2007.
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