Dublin, 25 April 2013
Colt, the information delivery platform, today announced an important strategic expansion of its European network with the extension of its high-capacity infrastructure to Cork, Ireland’s second largest city. The extension will meet the growing bandwidth requirements of multinational companies operating across Cork’s ICT, pharmaceutical and financial services sectors. It follows Colt’s completion of a new low-latency route between Dublin and London last year, a key component of a multimillion euro, five-year programme of investment by Colt across Europe.
Now fully operational, the additional connectivity allows both indigenous and multinational companies to deliver information at fast speeds between Cork and mainland Europe through Colt’s 43,000 km dedicated network, which includes direct connections to over 100 European cities and 39 metropolitan area networks. Colt is already a key supplier of high bandwidth data services and backbone solutions into Europe for Irish-led multinationals as well as multinational companies, such as PGi, a leading global provider of audio and web meeting solutions.
Michael Palmer, SVP, Operations - EMEA, India, and Canada at PGi states: “Colt’s continued infrastructure investment in Ireland is a welcome development for PGi’s local operation in Clonakilty, helping us deliver the highest quality of integrated conferencing solutions to our customers around the world. The extension announced today strengthens our partnership by giving PGi unrivalled access to Colt’s dedicated network solutions and faster connectivity to its wider European platform, including proximity hosting and lower latency services.”
Ken Sherry, Country Manager, Colt Ireland says: “Cork is an exciting place for Colt because of its substantial potential to grow as a hub for large multinationals, particularly in the well-established ICT and pharmaceutical sectors. By extending our network to Cork, we’re making a strong statement of confidence in the region and its ability to prosper in the inward investment space thanks to its business-friendly environment and skilled workforce.”
“This additional connectivity helps position Cork as a prime location for multinationals requiring a fast and robust gateway to Colt’s European long-distance network infrastructure to support our customers’ business needs. We see significant opportunities for future growth both in Cork and other key cities in Ireland and plan to continue to invest in our network to meet this demand.”
Commenting on the demand in Ireland for network capacity, Ken Sherry states: “Requirements for data bandwidth continue to increase exponentially every year driven largely by growth in data intensive applications. In Cork, many of the larger enterprises operating out of the region are truly global in nature with operations spanning many European sites. This means the majority of the data network bandwidth involves traffic between Cork and other major European cities such as London, Frankfurt and Zurich. This is where Colt excels by providing the leading platform for high capacity connectivity into Europe.”
Colt is the information delivery platform, enabling its customers to deliver, share, process and store their vital business information. An established leader in delivering integrated computing and network services to major organisations, midsized businesses and wholesale customers, Colt operates a 22-country, 43,000km network that includes metropolitan area networks in 39 major European cities with direct fibre connections into 19,000 buildings and 20 carrier neutral Colt data centres.
In 2010, the Colt Data Centre Services business was launched to deliver innovative high quality data centre solutions at a Colt or customer site. Our Innovative data centres are rapid to deploy, flexible and highly efficient.
In addition to its direct sales capability, Colt has four indirect channels to market; Agent, Franchise, Distributor and Wholesale which includes Carriers, Service Providers, VARs and Voice Resellers.
Colt is listed on the London Stock Exchange (COLT).
About Premiere Global Services, Inc. │ PGi
PGi has been a global leader in virtual meetings for over 20 years. PGi's cloud-based solutions deliver multi-point, real-time virtual collaboration using video, voice and file sharing technologies. PGi solutions are available via desktops, tablets or mobile devices, helping businesses worldwide be more productive, mobile and green. PGi has a global presence in 25 countries and an established base of over 40,000 enterprise customers, including 75% of the Fortune 100. In the last five years, PGi has hosted nearly one billion people from 137 countries in over 200 million meetings. For more information, visit PGi at www.pgi.com.
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