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Tag: colt
Deutsche Telekom, Colt in five-year voice deal
2015-02-19 01:00:00| Total Telecom industry news
Partnership will lower network and termination costs outside each telco's footprint.
Tags: deal
voice
deutsche
telekom
Colt Technology Services
2014-12-24 14:00:00| Telecompaper Reports
This company profile analyses Colt Technology Services, focusing on the company's operations in the Netherlands. The report contains information on Colt's current position and strategy. It discusses the company's latest financial figures and gives an overview of its current network. The report provides details of the product portfolio of Colt. It looks at the market in which Colt operates as well as its competitors. Furthermore the profile reports on Colt's marketing activities, including its customer strategy. Lastly the profile contains Telecompaper's SWOT analysis of Colt.
Tags: services
technology
colt
technology services
Colt does Asian data centre deal
2014-11-13 01:00:00| Total Telecom industry news
U.K. enterprise services provider gains platform for growth in Asia with 100 million-plus acquisition of KVH.
Colt to acquire KVH for JPY 18.6 bln
2014-11-12 09:27:00| Telecompaper Headlines
(Telecompaper) European carrier Colt has agreed to buy Asian information delivery platform KVH for JPY 18.6 billion, or around EUR 130.0 million. The deal will be funded by existing Colt cash at hand and committed bank facilities. Colt said the deal will provide it with scale and complementary capability in key Asian cities, namely Tokyo, Singapore, Hong Kong and Seoul, and give a platform for the company to enter the APAC ICT services market, which is growing at around 12 percent per year. The transaction will also enhance Colt's competitive position in serving multi-national customers (MNCs) and so provide attractive opportunities for growth. Colt expects the acquisition to deliver annual cost and capex synergies of EUR 8.5 million by 2017 and contribute to earnings and cash flow from 2016. KVH is fully owned by FMR, FIL and their associates. FMR, FIL and certain of their associaties are also shareholders of Colt. The deal therefore constitutes a related party transaction which is subject to the approval of independent shareholders. Colt will therefore hold an AGM on 16 December in order to seek approval.
Colt warns for weaker EBITDA, to exit wholesale voice
2014-04-22 09:22:00| Telecompaper Headlines
(Telecompaper) European carrier Colt warned for weaker-than-expected EBITDA this year, due to product mix changes, customer churn and pricing pressure in bandwidth products. The company expects 2014 EBITDA (before restructuring charges) to be 5-10 percent lower than the current market consensus of EUR 325 million. In addition, Colt will book restructuring charges in the second half of around EUR 30 million for a planned exit of much of its wholesale voice business. The operator plans to end around 85 percent of its Carrier voice trading contracts over the next few months. The capacity of around 5 billion minutes per year freed up on its voice network will be dedicated to expanding the more profitable enterprise voice business. The decision will result in the loss of around EUR 175 million in annual revenue, around half of which will be felt in 2014 already. However, the exit of the wholesale business should lead to better profit margins over the next few years and have an "immaterial" impact on EBITDA this year, Colt said. For the first quarter, the operator reported revenues up 2.0 percent year-on-year to EUR 399.8 million, helped by forex effects and expansion in managed and colocation services. EBITDA was still down 8.0 percent to EUR 74.1 million, hurt by pressure on margins from regulatory price cuts and a shift from profitable bandwidth services to lower margin managed networking services. Colt said it expects the pressure on margins to continue through the year.
Tags: voice
exit
wholesale
weaker
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