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Articles about Colt

Colt Technology Services bigwigs exit stage left

Colt Technology Services exec director Simon Walsh and some of his lieutenants have exited the business, The Channel can reveal. "We can confirm that Simon Walsh no longer works for Colt Technology Services and that Jürgen Hernichel is now leading that area of the business," a Colt PR person told us. Previously, Hernichel was …
Paul Kunert, 14 Nov 2013
man_inks_deal_channel signs contract services

Colt Technology Services gobbles ThinkGrid

Colt Technology Services has swallowed cloud minnow ThinkGrid for an undisclosed sum to tap up its network of 300 resellers and software developers and the small biz firms it counts as customers. Incorporated in 2008, London-based ThinkGrid provides a cloud platform for channel firms to resell infrastructure-as-a-service kit …
Paul Kunert, 13 Aug 2012
channel_partners_deal_handshake

Ex-Computacenter bigwig O'Hara now Colt big gun

Former Computacenter big hitter Julie O'Hara has been lured to Colt as veep for services and solutions. She left London-based CC in February after 15 years at the firm, most recently as director for the unit managing financial services and retail customers. Her exit resulted in a rejig of the UK sales floor. The move is hardly …
Paul Kunert, 29 May 2012
channel

Computacenter guru outlines new Colt not-a-cloud plan

Computacenter's former storage boss Matthew Yeager is set to join LSE-listed Colt from next month as chief technologist. After nearly four years at CC, Yeager is heading to Colt, which dropped the Telecom element of its brand last year as it transitions into a cloud services biz or "information delivery platform provider" as it …
Paul Kunert, 18 Aug 2011

EMC confirms arrival of channel vet as COO EMEA

EMC has confirmed that former Colt and Computacenter bigwig Simon Walsh will land at the firm as COO for EMEA, as revealed by El Chan this week. The industry veteran left Colt Technology Services in November, less than three years after heading the newly launched division, amid talk that the service provider was not satisfied …
Paul Kunert, 17 Jan 2014
management strategy3

EMC hires channel veteran as new EMEA COO

Former Colt Technology Services grand fromage Simon Walsh is set to become one of the top brass at EMC EMEA, according to multiple industry sources. Walsh, an exec director at Colt, exited the business back in November along with a couple of his lieutenants following nearly three years at the firm. Sources told us that Walsh …
Paul Kunert, 15 Jan 2014
graph up

Colt loads up factory-built data centres

Colt has claimed it can supply factory-built, 500m2 Modular Data Centre internal hall buildings for installation in warehouse-type sheds at a faster speed and lower cost than new-build data centres. These are not shipping container datacentres, which are 40ft long and 8ft wide and only have a 320ft2 (29.7m2) floorspace. You …
Chris Mellor, 08 Jul 2010
The Register breaking news

Colt quietly offshores network ops

Networking provider Colt has quietly offshored some of its network operations to a team based in India. The firm claimed today the move of its transmission backbone monitoring team to the sub-continent, which took place on Monday, will have no impact on customers. "Customer contact will still be handled by our team in Barcelona …

Colt Telecom cable cut mystery

Colt Telecom customers might be finding themselves without internet access today after an undersea cable was cut. A spokeswoman was unable to give us any details beyond admitting there "were some issues". But Register readers have been told that a severed undersea cable running between the UK and mainland Europe is the cause of …
John Oates, 08 Sep 2009
management strategy3

Enormo reseller Insight hires former Cisco man to run EMEA services

Insight EMEA claims to have taken a step forward on the long and winding path to tech services glory by recruiting a former Cisco and PricewaterhouseCoopers consulting chief to head up a newly erected division. A pan-regional services team will be fronted by newly installed veep Rolf Adam, who mostly recently served as industry …
Paul Kunert, 30 Sep 2014
management social3

Life after Insight for execs swept away by new broom

A pair of former Insight Enterprises execs that exited last autumn in a wave of senior redundancies have emerged in pastures new, both at software firms. One-time EMEA marketing veep Ashley Gatehouse has rocked up at software asset management firm Crayon, with ex-Insight global sales veep Frank Bitoun landing in the same role at …
Paul Kunert, 25 Feb 2014
The Register breaking news

Colt narrows losses

Colt Telecom has improved its finances even though revenues failed to grow, the telco said today. Publishing the latest batch of numbers for the three months to March, Colt reported that revenue was flat at £307m compared to the same period last year. At the same time, pre-tax losses narrowed to £7.3m down from £28.4m. Earlier …
Team Register, 27 Apr 2006
The NSA Unchained

Tuesday declared 'The Day we Fight Back' against NSA et al

A broad coalition of technology companies and activist groups has declared Tuesday, February 11th 2014 has been “The Day We Fight Back Against Mass Surveillance”. Timed to co-incide with the first anniversary of Aaron Swartz's death, the day has attracted support from some unsurprising sources – the Electronic Frontier …
Simon Sharwood, 10 Feb 2014
The Register breaking news

Colt ups revs, narrows losses

Colt - the UK-based telecoms group that provides communications services to businesses - has managed to post slightly improved numbers. Turnover for the three months to the end of June was up 4.5 per cent to £316.7m compared to the same period last year. At the same time Q2 pre-tax loss fell from £28m to £26m. Part of that …
Tim Richardson, 21 Jul 2005
The Register breaking news

TDC sniffing around Colt - report

Danish telco TDC has declined to comment on a press report that it could be interested in snapping up Colt Telecom. Swiss IT business magazine, IT Reseller reports that TDC is about to buy Colt. A spokeswoman for TDC told The Register: "We have a policy not to comment on rumour or speculation, which this is." A spokeswoman …
Tim Richardson, 07 Apr 2005
The Register breaking news

Colt shunts more jobs overseas

Colt - the UK-based telecoms group that provides communications services to businesses - is still shunting jobs overseas as it continues to cut costs. By the end of the year 15 per cent of its workforce will be based in India taking headcount there to 450 while numbers in Europe will drop to 3,400. Turnover for the three …
Tim Richardson, 20 Oct 2005
The Register breaking news

Colt takeover rumours 'unfounded' says boss

Colt Telecom dismissed speculation about its future as "unfounded rumours" as it unveiled its first quarter numbers today. Unveiling the figures, Chief exec Jean-Yves Charlier was quizzed about whether the alternative telco had been approached by potential bidders to buy-out the company, following a report two weeks ago that …
Tim Richardson, 21 Apr 2005
The Register breaking news

Colt trots to Europe as it rejigs business

Colt Telecom is overhauling its corporate structure in a bid to generate profit, and is also looking to raise £300m in new equity which should help reduce its net debt to below £100m. At the same time, the telco is planning to domicile its business in mainland Europe and ditch its NASDAQ listing, though it insists it will …
Tim Richardson, 23 Feb 2006
The Register breaking news

Colt gets new MD

Telecoms outfit - Colt - has a new UK Simon Vye was, until recently, senior VP of sales and customer operations at Priority Telecom, a telecoms outfit in the Netherlands, Austria and Norway. He replaces Cedric Smith, who moves sideways to head up the company's blue chip sales force. ®
Tim Richardson, 03 Mar 2003
The Register breaking news

Colt happy with paying top whack for spectrum

Colt has denied it paid over the odds for a spectrum licence that enables the development of private GSM mobile phone networks in office buildings or campuses. Details of the 1781.7-1785MHz paired with 1876.7-1880MHz spectrum auction were released today as regulator Ofcom confirmed that the 12 licences which have been awarded …
Team Register, 03 May 2006

Missed the cloud bandwagon?

There continues to be a cacophony of marketing noise from technology vendors about their cloud strategies. While the announcements sometimes include messaging for their channel, many partners are still unsure of their future role in the industry. The Cloud and Technology Transformation Alliance (CCTA) reported that its survey of …
Peter O'Neill, 23 Nov 2012

Colt to shed 1,000 jobs?

Colt Telecom could be about to shed 1,000 jobs amid the continuing difficult business environment facing the industry. According to insiders the jobs are due to go over the next couple of months with employees bracing themselves to find out if they are among those to face the chop. The Register understands that big losses …
Tim Richardson, 11 Sep 2002
The Register breaking news

Jobs axe falls at Colt

Colt Telecom has confirmed massive job cuts amid the continuing slump in the telecoms industry. Over the next year some 800 people will find themselves out on the street as Colt makes savings of £40m. Although the job cuts are a massive blow for those who work at the company, it's not as bad as first thought. Insiders had …
Tim Richardson, 27 Sep 2002
The Register breaking news

Colt revenues up, losses widen

Shares in Colt Telecom dipped 19p (15.8 per cent) in mid afternoon trading following the publication of widening Q3 losses. The voice and data carrier reported that its operating loss increased from £26 million in Q3 2000 to £52.3 million in Q3 2001. Revenues jumped 39 per cent to £231.4 million Despite the slowdown in …
Tim Richardson, 22 Oct 2001
The Register breaking news

Market sceptical on BT bid for Colt

ComputerWire: IT Industry Intelligence Excitement entered the moribund sector of Europe's new carriers yesterday with rumors that BT Group Plc is plotting a bid for Colt Telecom Group Plc, a move that supposedly had the backing of Colt's major shareholder New York investment bank Fidelity. Newspaper reports suggested that BT …
ComputerWire, 21 May 2002
The Register breaking news

Falling prices hit COLT profits

COLT Telecom reduced losses for the three months ended 30 September 2004 and increased turnover seven per cent to £303.7m. Losses fell 11 per cent from £35.7m to £31.8m. But Ebitda (earnings before interest, taxes, depreciation, and amortization) fell 23 per cent from £43.3m to £33.4m. Chairman Barry Bateman said the …
John Oates, 20 Oct 2004
The Register breaking news

Highberry fails to force Colt into administration

ComputerWire: IT Industry Intelligence An attempt by hedge fund Highberry Ltd to force the telecoms company Colt Telecom Group Plc into administration, has been thrown out of court. In the High Court in London, Mr Justice Jacob dismissed the claims of Highberry as "shaky, tentative and speculative peering into the middle …
ComputerWire, 30 Dec 2002
The Register breaking news

Court date set for COLT liquidation tussle

ComputerWire: IT Industry Intelligence Colt Telecom Group Plc faces a three-day hearing at the London High Court in December when a hedge fund takes legal action to try to push the pan-European carrier into liquidation. Highberry Ltd, which is part of New York-based Elliott Associates, claims that Colt will not have the funds …
ComputerWire, 06 Nov 2002
The Register breaking news

Cable & Wireless close to buying Colt Telecom

Cable & Wireless is very close to buying Colt Telecom if a report in Belgian newspaper Financieel-Economische Tijd is to be believed. According to the paper, quoting a source close to the talks, both companies are coming to the end of negotiations and a deal could be announced within six weeks. It does warn that the deal could …
Kieren McCarthy, 29 Oct 2001

SolidFire snaps up $31m in funding, brandishes 3.4PB monster

Cloud flash array startup SolidFire has snagged $31 million in C-round funding and revealed a bad-ass flash array delivering up to 7.5 million IOPS - and a claimed 3.4PB capacity. That capacity in SolidFire's SF9010 is after dedupe, compression and thin provisioning have been applied, and with the maximum of 100 nodes ganged …
Chris Mellor, 26 Jul 2013

Don't get 2e2'd: How to survive when your IT supplier goes titsup

I used to know a finance director who had a favourite mantra: “Minimise fixed costs.” The concept's a simple one: by all means use permanent staff to deal with the aspects of your business that don't change much, but where your revenue streams go up and down, think of ways of allowing the cost of servicing those revenue streams …
Dave Cartwright, 11 Feb 2013
The Register breaking news

Colt goes Dutch in DSL launch

Colt Telecom has started offering broadband DSL services in The Netherlands, the company announced today. Services are to be made available initially to business users in Amsterdam with Rotterdam, The Hague and Utrecht coming on line over the next few weeks. All in all Colt, plans to launch DSL-based services in nine European …
Tim Richardson, 14 Oct 2000
The Register breaking news

Colt Telecom riding high after funding scare ends

Colt Telecom has dramatically recovered from funding worries today with the announcement that major shareholder Fidelity is to increase its stake from 47.7 per cent to 54 per cent. Colt said this morning it was planning to release 650 million new shares at 62 pence each in order to raise enough money for business expansion - …
Kieren McCarthy, 03 Oct 2001
Columns of coins in the cloud

HP cloud overlord backs UK distie Westcoast as it flogs its fluff to small biz

Small biz customers have been bitten by the cloud bug but large enterprises and government types are altogether less open to outsourcing IT or broadcasting their data into the electronic ether. At least, that's the view from HP's cloud overlord Michael Clifford, who, unsurprisingly, is giving his backing to a fluffy white …
Paul Kunert, 17 Oct 2013
Avnet TS

Avnet TS confirms EMEA exec line-up

Avnet Technology Solutions has tweaked its organisational structure in EMEA and named those execs with a seat at the top table after completing the acquisition of Magirus. Joining the senior management team in the region, Christian Magirus, COO at the self titled distie becomes veep for services. The channel veteran will look …
Paul Kunert, 30 Oct 2012
VMSAX detail

EMC rolls new VMAX bundle for cloud pushers

It just sits there and rakes in money for you as users get provisioned, use the space and get billed: that's the message EMC is pushing to cloud service providers with a new VMAX bundle of array, software and services. VMAX SP – for service providers – is a VMAX array packaged with software and services at four levels to help …
Chris Mellor, 15 May 2012
The Register breaking news

Ex-BT exec secures NBN Co COO role

NBN Co will be importing its first chief operating officer from the UK with the appointment of former BT executive Ralph Steffens to the role. Moving to Australia at the end of November and working in the Sydney office of NBN Co, Steffens will report to CEO Mike Quigley and have overarching responsibility for the construction of …
The Register breaking news

James Bond inspires US bill to require smart guns for all

American gun manufacturers will have to fit smart technology to their products if a new bill from US Representative John Tierney (D-MA) comes into force. The Personalized Handgun Safety Act of 2013 would give gun manufacturers two years to fit all guns with technology that would allow only the owner (or an authorized user) to …
Iain Thomson, 22 May 2013
The Register breaking news

Hedge fund that nearly brought down Peru wants COLT dead

A New York-based hedge fund wants to have COLT Telecom wound up. Highberry Ltd has notified the board of the alternative telco carrier that it seeking the appointment of an administrator. It says that COLT will not be able to repay or refinance its bonds when they become due between 2005 and 2009. COLT has today issued a …
Drew Cullen, 09 Oct 2002
gavel_judgment_channel

Former QiComm CEO cleared in money-laundering case

The founder and former owner of telco integrator QiComm has been acquitted of money-laundering charges brought by HMRC - but said this came too late in the day to keep his biz afloat. Thuraisamy Pathmanabhan, also known as Pat Nabahm, was charged with conspiracy to conceal, disguise, convert, transfer or remove criminal property …
Paul Kunert, 14 Jun 2013
The Register breaking news

Colt gets new chief

Colt Telecom Group plc has appointed Peter Manning as the company's new president and CEO. Manning, Colt's COO since April 1999, takes over from Paul Chisholm, who had earlier announced his intention to retire this year. Chisholm has been president and CEO of Colt for nine years. BT could be about to land a £225 million …
Team Register, 16 Jan 2001

Feeling lucky, punk? Storage biz crams virty PCs into RAM

Software house Atlantis has updated its ILIO product, which juggles the storage of virtual desktops in data centres, so that virtualised machines run entirely in a server's memory - sans a SAN or local drives. Atlantis ILIO Persistent VDI 4.0 lets Citrix XenDesktop and VMware View customers run persistent virtual desktops in- …
Chris Mellor, 11 Mar 2013
An XM-25 being demo'd. Credit: PEO Soldier.

On the matter of shooting down Amazon delivery drones with shotguns

So no, there will not be an electric quadcopter delivery drone delivering your Cyber Monday packages in 2015: nor even in 2025, most likely, as even Jeff Bezos more or less openly admits if you look at what he actually said. Yes, there are homes to be found - more of them perhaps in United States than in other places - where …
Lewis Page, 03 Dec 2013
The Register breaking news

Blackberry QNX phone details leaked

Images and specifications for the first Blackberry running QNX have surfaced, but if these are accurate then the Blackberry Colt is underpowered, incompatible and doomed from the start. The details come from the Boy Genius Report blog, which claims inside information and a photoshopped image of the handset. That information …
Bill Ray, 09 Aug 2011
The Register breaking news

Who should buy Colt?

The promise of convergence of wired, wireless and mobile services has shifted the perceptions of the main telecoms players, especially in Europe, radically in recent times - though as so often, the telecoms investment community has been slow to recognize the trend. It should have been obvious far earlier that operators with only …
Wireless Watch, 18 Apr 2005
The Register breaking news

Ofcom website takes second day off

Communications regulator Ofcom is mainly non-communicative today - its website is down for the second day. Surely nothing to do with problems at Colt? Colt is still keeping schtum on what caused problems yesterday, and today, but some customers are now being told it was a distributed denial of service attack rather than a cable …
John Oates, 09 Sep 2009
BlackBerry

Leaked blower sports RIM's prospective OS, BBX

Research in Motion's upcoming BBX OS has been spotted on an unreleased handset, said to be called the BlackBerry London. The BlackBerry London is said to pack a dual-core 1.5GHz CPU, 1GB of Ram and 16GB of Flahs storage, according to The Verge. There are also 8Mp rear-facing and 2Mp front-facing cameras. BlackBerry London The …
Caleb Cox, 15 Nov 2011
The Register breaking news

It's financials again – but it's a Colt that's pointing at you, here

Colt Telecom Group’s loss grew by a hefty 69 percent to £15.4 million in the third quarter, but still in line with analysts’ expectations of a £13.6 million to £20 million loss. Colt’s shares jumped by 26.5 pence to 671.5 pence on the news and the company said it now operates across seven countries and 11 cities. It intends to …
A staffer, 26 Oct 1998

Colt boots BT and Oftel over LLU

Colt Telecom has become the latest telco to put on its 18-hole Dr Martens and give BT and Oftel a good kicking over the issue of local loop unbundling. CE, Paul Chisholm, claims Oftel and BT have simply got it wrong. He told the Independent: "The UK process that was set up between BT and Oftel doesn't work. "Are we annoyed …
Tim Richardson, 28 Sep 2000

Linux defector Colt firing blanks

Three months after its release, Windows Server 2003 is showing strong growth in the hosting market and even picking up a limited number of Linux converts. This gain comes even as Microsoft's overall market share in the Web server market declined. According to Netcraft's latest statistics, published yesterday, the number of …
John Leyden, 16 Jul 2003