Colt eyeing £100m Japanese data centre acquisition of KVH Telecoms group Colt is planning a €130.3m (£102.7m) takeover of Tokyo-based data centre firm KVH, a move it says will help it to grow in key Asian cities and deliver services across the region. Colt said the takeover, if approved by shareholders, would be funded by existing cash and bank facilities of the company. “They [...]
Colt slumps as it exits mobile call contracts TELECOMS group Colt will withdraw around 85 per cent of its voice contracts – or calls from mobile operators that it carries on its network – over the next few months as part of a review of the business. Colt’s shares crashed 10.1 per cent on the announcement yesterday to close at 130p. On the [...]