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Last $2.91 USD
Change Today 0.00 / 0.00%
Volume 0.0
CLTZF On Other Exchanges
As of 8:10 PM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).

colt group sa (CLTZF) Snapshot

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06/19/15 - $3.04
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colt group sa (CLTZF) Details

Colt Group S.A., together with its subsidiaries, provides business communications and IT services. It operates in Network Services, Voice Services, Data Centre Services, and IT Services segments. The company offers network services, including bandwidth and wavelength, Ethernet, IP VPN and managed networking, and Internet access services; and voice services, such as PSTN voice access products, session initiation protocol trunking and UC solutions, intelligent network services and contact center solutions, and wholesale voice services. It also provides data center services that help customers store and access their critical data in secure and carrier neutral colocation facilities; and IT services, which include virtual desktop solutions, and critical Web hosting and enterprise application hosting services. In addition, the company offers management, administration, and treasury services; cloud services; and customer contact services. It serves customers in business services, financial services, insurance, legal, media, public, telco and IT, and other enterprise sectors. The company has operations in the United Kingdom, Germany, France, Spain, Italy, Switzerland, and Japan. Colt Group S.A. was founded in 1992 and is headquartered in Luxembourg.

5,438 Employees
Last Reported Date: 02/27/15
Founded in 1992

colt group sa (CLTZF) Top Compensated Officers

Chief Executive Officer and Executive Directo...
Total Annual Compensation: €1.0M
Chief Financial Officer and Director
Total Annual Compensation: €113.0K
Compensation as of Fiscal Year 2014.

colt group sa (CLTZF) Key Developments

Colt Provides LDeX Group with Enhanced Connectivity at LDeX2

LDeX Group has announced that Colt has deployed a point of presence at the group's newest datacentre facility, LDeX2, based in the Trafford Park region of Manchester. This news signals the strength and growth of the carrier neutral datacentre and network connectivity provider by enabling customers to have direct fibre connections to over 23,000 buildings and Colt's 29 carrier neutral data centres. The addition of Colt will complement the growing list of tier 1 on-net carriers available at LDeX2 and further enhance the organisation's global data centre footprint. Colt provides Network, Voice and Data Centre services to businesses of all sizes around the world. It operates across Europe, Asia and North America with connections into over 200 cities globally.

Colt Launches DCNet

Colt launched DCNet, an advanced data center interconnection solution, which provides service providers and businesses with rapid service turn-up to over 120 vendors neutral data centers in the key European and Asian business hubs and direct access to more than 560 Colt and third party data centers globally. DCNet offers service providers as well as enterprises in data intensive industries - including capital markets, media, and cloud computing - greater choice on where they host their data and with whom they connect. The first phase of DCNet in 48 European data centers adds to Colt's current DCNet footprint of 75 data centers in Asia. The fast-track interconnections will be available in data centers in key European business hubs: Amsterdam, Brussels, Frankfurt, London, Madrid, Paris and Zurich. The service has been designed to enable the rapid provisioning of 100Mbps and up to 10Gbps connections, with wholesale and enterprise customers able to activate services in as little as 5 working days in these key business locations. Global data center traffic is expected to reach 8.6 zettabytes by the end of 2018, increasing businesses' need for high-bandwidth connectivity. By offering service providers and businesses quick access to a wide range of data centers, DCNet helps them to expand into new markets more rapidly, adopt cloud-based business applications, haul traffic between data centers, and deploy more robust data center diversification and business continuity strategies. It also brings service providers and enterprises simplicity by seamlessly and cost-effectively connecting business partners, suppliers, and customers while eliminating the challenges of managing several network contracts and SLAs. The fast-track data center interconnections will become available over the next few months. The first stage of the deployment will be completed by the end of June and focus on key data centers in London, Frankfurt and Paris.

Colt Group S.A. Announces Interim Management Statement Results for the First Quarter Ended March 31, 2015

Colt Group S.A. announced interim management statement results for the first quarter ended March 31, 2015. For the quarter, the company’s revenue of EUR 394.6 million compared to EUR 399.8 million a year ago. EBITDA was EUR 76.4 million compared to EUR 74.1 million a year ago. Negative free cash flow was EUR 16.3 million compared to EUR 38.7 million a year ago. On a constant currency basis Group revenue declined 5.4%. On a constant currency basis Group EBITDA grew 2.2%. The primary difference in cash flows between the quarters relates to an improved working capital performance and reduction in capital expenditure spends. Capital expenditure for first quarter of 2015 decreased EUR 15.4 million to EUR 59.1 million compared to EUR 74.5 million a year ago.


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