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Cowboy Poetry: The Cowboy by Ted & Colt Smith

2016-05-03 01:55:00| Beef

By Ted & Colt Smith Written in 1999, this classic poem captures the essence of the cowboy. read more

Colt promises '1Gbps Always' in European cities

2016-03-03 16:24:00| Telecompaper Headlines

(Telecompaper) Colt has introduced a new pledge to provide customers in 20 European cities with at least 1 Gbps. The '1Gb Always' commitment will see all existing and future customers provided with a 1Gb bearer circuit. This means that no matter what speed they start with, bandwidth can be increased as required with no upgrade costs. The initiative is being rolled out with immediate effect in 20 major cities across Europe, including London, Paris and Frankfurt. All other territories can still experience rapid bandwidth, at a lower ceiling of 600Mbps as standard, with 1Gbps available on a more selective basis.

Tags: cities european promises colt

Colt Technology Services

2015-10-06 17:07:22| 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 posts H1 loss on restructuring charges

2015-07-31 09:20:00| Telecompaper Headlines

(Telecompaper) Colt reported first-half revenue up 2.6 percent year-on-year to EUR 790.8 million. Excluding currency effects, revenue declined 1.3 percent as the acquisition of KVH was more than offset by the company's exit from low-margin carrier voice trading contracts. EBITDA of EUR 156.4 million was up 7.6 percent, thanks to the takeover in Asia and the restructuring programme in 2014. At constant currency rates, EBITDA grew 6.7 percent. Colt recorded a pretax loss of EUR 13.0 million versus a profit of EUR 13.6 million a year ago due to EUR 128.4 million in one-time costs, including an impairment charge of EUR 87.1 million for exiting the IT Services business, restructuring of EUR 32.2 million and EUR 9.1 million for vesting options after Fidelity's buy-out offer for the company. Free cash outflow narrowed to EUR 7.3 million from EUR 29.1 million in the year-earlier period, thanks to improved EBITDA and working capital, and reductions in capital expenditure. Colt said its shareholders will vote on the Fidelity offer 11 August.

Tags: posts loss charges restructuring