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COLT Telecom Group's COO Peter Manning talks to The Wall Street Transcript.


Business Editors

NEW YORK--(BUSINESS WIRE)--Sept. 5, 2000

The Wall Street Transcript A generic term for any kind of copy, particularly an official or certified representation of the record of what took place in a court during a trial or other legal proceeding.

A transcript of record
 has published an in-depth interview with Peter Manning Peter Manning is a British violinist and conductor. He is also the conductor for the Manning Camerata. External links
  • Biography
, COO (Cell Of Origin) See mobile positioning.  of COLT Telecom Group COLT Telecom Group plc (originally City Of London Telecommunications) is a telecommunications company based in the United Kingdom, but with operations in 13 countries in Europe.  Plc (Nasdaq: COLT), in which he talks at length about the company's future.

The entire 3,700-word interview is available free online at http://www.twst.com/ceos.htm

Manning gives an overview of the company. "COLT is one of Europe's leading providers of high bandwidth data, internet and voice communication services. We build own and operate our own fibre optic network infrastructure and are putting in place what will be Europe's most extensive building to building network. We focus on providing very high quality services to business customers."

Manning explains, "COLT is an Internet Service Provider Internet service provider (ISP)

Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password.
 for business customers in 9 European countries. We have six hosting centres currently operational in Frankfurt, London, Paris, Amsterdam, Milan and Madrid, and it is our intention to be in between 10 and 12 by the end of this year, expanding further into between 20 and 24 locations next year as well."

Looking forward, Manning states, "The most important thing for us is top line growth combined with longer term margin enhancement. I think given the investment that we have put place in the new cities that I explained, we would continue to see the city-network services continue to grow substantially. With our inter-city network in place by the middle of next year this also provides an opportunity to accelerate additional sales of even higher bandwidth services. Volumes are going to be huge and we expect to see significant growth in Internet and hosting services and DSL DSL
 in full Digital Subscriber Line

Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary
 as well."

This issue is part of the TWST TECHNOLOGY SECTOR

This special section is also included in the TWST TECHNOLOGY sector of TWST Online. To obtain a copy of this issue, see http://www.twst.com/subscribe/techno.html or call (212) 952-7433.

The Wall Street Transcript is a premier weekly investment publication serving serious long-term investors Long-term investor

A person who makes investments for a period of at least five years in order to finance his or her long-term goals.
 for over 37 years.

The Wall Street Transcript has launched a new free service where investors can ask COLT Telecom Group Plc (or any public company) a question at http://www.qawire.com

The Wall Street Transcript does not endorse the views of any interviewees nor does it make stock recommendations. For subscription information call (800) 246-7673.
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Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 5, 2000
Words:385
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