What Happened?
Jersey City, NJ-based Colt Technology Appointed Rajiv Datta as Chief Technology Officer
About the Company
Colt provides high bandwidth services for enterprises and wholesale customers in Europe, Asia and North America`s largest business hubs. Colt enables the digital transformation of businesses through its intelligent, purpose-built, cloud-integrated network, known as the Colt IQ Network. It connects over 700 data centres around the globe, with over 24,500 on-net buildings and growing. Colt is also recognised as an innovator and pioneer in software defined networks (SDN) and network function virtualisation (NFV). Colt has built its reputation on putting its customers first, with a focus on delivering true local presence and agility for enterprises that are global yet need local attention. Customers include data intensive organisations spanning over 200 connected cities in nearly 30 countries. Colt counts 19 of the top 25 global telecoms companies and 18 out of the top 25 global media companies (Forbes 2000 list, 2016) amongst its customers. In addition, Colt works with over 50 exchange venues and 13 European central banks. Privately owned, Colt is one of the most financially sound companies in its industry and able to provide the best customer experience at a competitive price.
About the Person
Rajiv Datta held very senior positions in the communications infrastructure industry before, most notably at AboveNet Communications Inc. where he was Chief Operating Officer. As AboveNet COO Rajiv was responsible for the day-to-day management of the company and played a significant part in recasting the firm from a carrier-centric fibre infrastructure company into an enterprise-focused provider of high-bandwidth data services. During his time as CTO and COO at the company, AboveNet grew annualised revenue from $190 million to $500 million, achieved 45%+ EBITDA margins and increased enterprise value from $280 million to $2.2 billion.
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