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Telecoms Giant Colt to Invest €15 Million in Dublin City

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Telecoms Giant Colt to Invest €15 Million in Dublin City

Telecoms Giant Colt to Invest €15 Million in Dublin City
October 10
15:14 2018

Colt Technology Services has announced that it will extend its Colt IQ Network in the greater Dublin area with an additional 150km of 100Gbps fibre, as part of a planned €15 million investment in Dublin over the next two years. The move is in anticipation of greater demand for digital infrastructure from multinational customers with presence in Dublin as well as other Dublin-based customers. The expansion will bring Colt’s fibre network in the capital to more than 300km.

Currently connecting more than 350 enterprise buildings and 23 data centres in Dublin, demand for Colt’s high bandwidth connectivity solutions is steadily growing in the city. This is fuelled by the ever-increasing number of businesses that are choosing to set up operations in Dublin, attracted by its large ecosystem of data centres, cloud service providers and internet giants, as well as its proximity to key international markets.

As Dublin’s digital economy grows, Colt’s extended, fully optimised 100Gbps fibre network will give it access to a wider customer base in the greater Dublin area. With the West and North Dublin industrial areas experiencing a strong rise in occupancy and new builds, Colt will be able to provide high bandwidth solutions to new, planned and existing enterprises in the locations that need it.

The Dublin expansion forms part of Colt’s wider strategy, which aims to provide agile, on-demand high bandwidth solutions to customers across Europe, Asia and North America. This latest expansion further extends Colt’s global footprint, which currently connects more than 850 data centres and over 27,000 buildings across 28 countries.

Carl Grivner, CEO, Colt Technology Services, said: “We see Dublin as being one of Europe’s key growth cities in the coming years. With multinational investment in Ireland only likely to increase, it’s crucial that Colt has the technological backbone in Ireland to support its anticipated traffic growth. The expansion also demonstrates our ongoing commitment to enabling the digital transformation of businesses in today’s increasingly fast paced digital economy.”

Colt’s expanded connectivity solutions will be rolled out in the Irish capital over a number of phases, beginning in September 2018.

CAPTION:

Pictured announcing Colt Technology Services’ 150km expansion of its fully optimised 100Gbps fibre network in the greater Dublin area, as part of a planned €15 million investment in Dublin over the next two years, are (L-R): Jamie Beddoe, Country Manager, Ireland, Colt Technology Services; and Carl Grivner, CEO, Colt Technology Services.


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