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"COLT made progress again in 2006. We continued to grow our data and Managed Services revenues. We continued to transform the Group and to improve earnings and cash flow despite an accelerating decline in voice revenues. We also successfully moved our domicile to Luxembourg, raised €440.6m in new equity and redeemed €583.4m of debt so that COLT leaves 2006 with net debt of less than €70m." COLT Chairman Timothy Hilton | |||
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