London, 8 September 2014
Colt Technology Services today announced the appointment of Sohail Qadri as Executive Vice President, Strategy and Business Development. Sohail joined Colt on September 1 with responsibility for developing Colt’s profitable growth strategy across all lines of business, ensuring that Colt continues to support its customers with the most appropriate infrastructure services and products to drive their businesses forward. This covers infrastructure services across IT, network, voice and data centre. Sohail will also be responsible for the development of the Colt brand.
Commenting on the appointment, Rakesh Bhasin, Chief Executive Officer, Colt, said: “We are delighted that Sohail Qadri is joining Colt at this important stage in the development of our business. Sohail brings a wealth of experience to Colt having successfully held a number of senior strategy, change and business development roles in the telecommunications sector. He has a mandate to ensure we are strategically agile so that we can deliver on our profitable growth agenda.”
Sohail has had leadership roles in key telecommunications companies undergoing major strategic change. He has led on the creation of customer oriented organisations and brands, the execution of commercial plans, M&A activities as well as culture change initiatives. He has served on company boards in Asia, Europe, North America and the Middle East. Previous roles include Group Strategy Director at O2, where Sohail led on the transformation of the business and the development of the O2 brand. At Telefónica, Sohail was part of the operating committee with a remit that included group strategy, business development and innovation.
Sohail Qadri quote: “I am delighted to join Colt and look forward to focusing on profitable revenue growth and improved return on investment by strengthening our customer centricity across the business. As part of this process, I will be reviewing all the strategic options open to Colt to drive long term shareholder value.”
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 network, data centre, voice and IT services to major organisations, midsized businesses and wholesale customers worldwide, Colt operates in 22 European countries with a 46,000km European network and transatlantic network capacity. Colt has metropolitan area networks in 42 major European cities with direct fibre connections into 19,800 buildings and 20 carrier neutral Colt data centres.
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).
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