COLT signs agreement witn KPN Telecom to supply services in Europe for clients after KPNQwest bankruptcy

June 7, 2002

1 Min Read

LONDON -- COLT Telecom Group plc (COLT) and KPN Telecom have signed a major co-operative agreement for the supply of broadband services to KPN's corporate clients. Through this agreement, KPN Telecom can offer an alternative for providing broadband services to it's clients who might experience continuity problems caused by the bankruptcy of KPNQwest. KPN already placed an order with COLT for the supply of 17 STM-1 backbone connections for KPN's international telephone and data traffic. COLT had this European network up and running within 36 hours. The agreement covers European ATM/Frame Relay and Managed Broadband Services. The co-operation between KPN and COLT provides continuity for KPN clients who use KPNQwest's broadband services. These are companies with sizeable European networks. The joint KPN and COLT team will migrate these clients on request to COLT T's own network in the immediate future. This rapid migration is possible because of COLT's pan -European presence and end-to-end network management capability. "We strive not only for growth, but especially for reliability as well. Our clients are leading enterprises to which telecommunications is of vital importance. This agreement proves that the expertise of our staff and the quality of our network are recognized in the market. We look forward to further intensifying our co-operation with KPN Telecom", says Richard Oosterom, Managing Director COLT, Benelux. COLT Telecom Group PLC KPN Telecom KPNQwest NV

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