COLT signs new multi-million Euro contract for managed data centre service

HomeColt Technology NewsCOLT signs new multi-million Euro contract for managed data centre service

COLT, a leading European provider of business communications, today announced it has signed a new 10-year contract, with an annual value of several million Euros, to provide data centre and managed services to a major global financial institution. Specific details of the contract remain confidential.

COLT will provide a purpose-built 1,000 square metre facility at its newest UK data centre, situated just outside the M25, which was opened in late 2007. The data centre is being built out in phases, using the latest data centre technology, to meet particular demand from the financial services sector for minimal latency connectivity to the City of London, as well as high security, dedicated power and low environmental impact.

Commenting on the announcement, Detlef Spang, Managing Director, Major Enterprise Division at COLT said, “This new contract confirms our continued leadership in the data centre and managed services market. In today’s economic environment, we are seeing marked demand from customers, both in the UK and across Europe, for high quality managed and outsourced services. These services are key in helping businesses reduce capital expenditure and improve the overall efficiency of their IT organisation.”

COLT operates 18 data centres located in European’s leading business centres, all integrated with its extensive European fibre network. COLT is focused on expanding its managed services capabilities in the next few years, building on its unique infrastructure, so that it can meet increasing customer demand for managed infrastructure and application services.

About COLT

COLT is a leading European provider of business communications. COLT specialises in providing data, voice and managed services to major businesses, SMEs and wholesale customers. COLT operates a 13-country, 25,000km network that includes metropolitan area networks in 34 major European cities with direct fibre connections into 16,000 buildings and 18 COLT data centres.

COLT Telecom Group S.A. is listed on the London Stock Exchange (COLT). Information about COLT and its services can be found at www.colt.net.

For more information, please contact:

Henny Valder
COLT
Tel: + 44 (0) 20 7947 1610
Email: henny.valder@colt.net

Blurred motion of male and female businesspeople walking down hallway contrasted by still and careful debate of new ideas in the conference room.

Make Do

20 May 2009

Recent posts

Black History Month: Connecting to culture through roller skating

Over the next few weeks our Black colleagues across our different regions will be sharing a personal blog ...
Continue Reading

Proven investment strategy – IP telephony for large financial services provider

Long before the switch-off of ISDN was announced by the major telecommunications companies in 2014, Colt introduced the ...
Continue Reading

Digital workspace between cranes

Architects and project planners develop models via bandwidth-intensive software applications in the cloud, which site managers and foremen ...
Continue Reading