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Colt first quarter revenues down 4.6%

Corporate telecoms specialist Colt expects to grow its data and managed services revenue this year after posting a near 5% t drop in first-quarter overall sales due to a weak voice performance. The Luxembourg-based group said overall revenue was at €377.6 million in the first quarter of the year, down 4.6% to lower revenue from its voice calls.

The data and managed services revenue was in line with that of the same period last year, it said, without elaborating.

Source: Reuters

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