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COLT Telecom Group S.A.

 
Hoover's Profile: COLT Telecom Group S.A.
 
(Pink Sheets:CLTZF) (London:COLT)
Contact Information
COLT Telecom Group S.A.
K2 Bldg., Forte 1, 2a rue Albert Borschette
L-1246 Luxembourg, Luxembourg
Tel. +352-27-99-27-03

Type: Public
On the web: http://www.colt.net
Employees: 4,012
Employee growth: 6.9%

COLT Telecom Group continues to jockey for position in the competitive European telecommunications market. The company's network links more than 30 of Europe's financial and business centers in 13 countries; it also operates in the US and India. COLT offers broadband data, Internet, voice, and other business telecom services to corporate customers and communications carriers. Its services include private leased circuits, Internet access, and carrier services such as frame-relay access, private enterprise network connections, and Web hosting. COLT has more than 50,000 customers, including BNP Paribas, Deutsche Bank, and Rentokil Initial. Financial services giant FMR controls nearly two-thirds of the company.

Key numbers for fiscal year ending December, 2007:
Sales: $3,353.0M
One year growth: (4.9%)
Net income: $78.3M

Officers:
President, CEO, and Director: Rakesh Bhasin
Chief Administrative Officer, COO, Acting CFO, and Director: Antony (Tony) Bates
Managing Director, Customer Service, Networks, and Operations: Paul Richman

Competitors:
BT
Deutsche Telekom AG
France Telecom

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