COLT has confirmed it is in the final stages of vendor selection for its next generation network (NGN) and expects to start supporting its first customers on the new platform during 2008. This network development programme is meant to enable the company to bring the next generation of communications solutions to market more quickly and offer its business customers a more efficient customer experience. COLT is migrating to a single ‘three layer’ NGN based on the latest IP and ethernet technologies, which it will use to run its services as applications. Customers should benefit from greater flexibility and faster provisioning as they will be able to add and modify their services, add users and upgrade bandwidth themselves using an online services portal. The new platform will also enable COLT to make service changes and launch new solutions quickly as it is based on open-standards technology.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
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Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.