This additional investment is on top of the over 100 million euros invested since the company arrived in Portugal, more than two decades ago, into its infrastructure and high-speed fibre optic network, and in human resources. Colt Technology Services Portugal
aims to expand the Portuguese operation and the national hub that connects Europe to the rest of the world.
The portuguese subsidiary, which expects to continue to grow in 2023, is currently recruiting more people to strengthen its team by another 15 percent and reach 150 talents by the end of the first half of 2023.
“Following the implementation we have done in the first half of 2022 in the 800 G technology in the L band of the terrestrial network, using Ciena's Reconfigurable Line System (RLS) domain controller, and Ciena's Manage, Control and Plan (MCP) in our network to double its capacity, Colt has made an additional investment of EUR 5 million , thus further expanding this technology to optimize the connections Lisbon - Madrid and Lisbon-Porto-Madrid. This investment is part of the continuous expansion of our network strategy and aims to increase its capillarity in a region (Portugal in particular, and the Iberian Peninsula, in general) that stands out as a major communications hub worldwide, and where Colt intends to strengthen its leading position,” says Carlos Jesus, Country Manager, Colt Technology Services Portugal and Colt VP Global Service Delivery.
“The new DC of Riba d'Ave will then increase to 13 the data centres connected by Colt in Portugal, reinforcing our growing position as the key partner for Portuguese companies with businesses going international that acknowledges Colt quality and control services and its ability to reach increasingly remote locations with optical fiber,” adds Jesus.
The company is addressing the potential growing of the data centre sector in Portugal with the launch of innovative new offerings of on-demand services, SD WAN, cloud and multicloud access, connections to submarine cable systems, and more and better connectivity.
Colt owns three competence centres in Portugal, two Metropolitan Area Networks (MAN – Lisbon and Porto), 830 km of fiber optic network, offers an additional 1,700 km of long-distance network through its IQ Network, and connects 13 data centres, more than 777 buildings and eight industrial parks in Lisbon, Porto, Oeiras, Sintra, Vila Nova de Gaia and Maia.