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Press Release


COLT Telecom selects Magenta netLogic for International Pricing

COLT Telecom Group plc (COLT), the leading European provider of business communication services, has chosen Magenta netLogic’s netVESPA, a quotation management service which will speed up and streamline the labour-intensive process of off-net quote generation.

COLT will be using software built by and hosted at Magenta to enable COLT to provide budgetary pricing for quotes when the company needs to get to off-net locations. Magenta’s service matches details of supplier networks and prices and customer sites with COLT’s network and pricing discounts to allow the business to react quickly to customer requests. COLT can therefore offer a competitive and near instantaneous price quote.


David Bass, COLT’s Marketing Development Manager said:

“In addition to its unrivalled, integrated, end-to-end pan-European communications network, COLT is recognised for its unmatched level of customer services. This deal allows us to build further on improving customer services to corporations even before they become customers. We will be able to issue a price quote for our services in a very short time and therefore enable companies to focus on our other attributes, which are quality, capacity, reliability and flexibility in complete communications solutions.”


Joss Wynne Evans, Magenta’s MD said:

“ COLT is a major force in European telecommunications, and its procurement process has underlined netVESPA’s status as the world’s leading international pricing service. We look forward to helping COLT consolidate its fine reputation for efficiency and competitive pricing.”



Editors Note:


Please ensure COLT and Magenta netLogic are always spelt Case Sensitive.


About COLT

COLT Telecom Group plc is a leading pan-European provider of business communications services.

COLT owns an integrated 20,000 kilometre network that directly connects 32 major cities in 13 countries. COLT supplies customers across the full spectrum of industry, service and government sectors with unrivalled end-to-end network security, reliability and service.

www.colt.net

Media
Sigga Williams
Weber Shandwick Worldwide for COLT Telecom
Email: Swilliams@webershandwick.com
COLT Press Office: + 44 (0)7 017 100 100

Analysts and Investors
John Doherty
Director Investor Relations
COLT Telecom Group
Email jdoherty@colt-telecom.com
T: +44 (0)20 7390 3681




About Magenta netLogic


Magenta netLogic is a wholly owned subsidiary of 20/20 Technologies, LLC, specializing in web-based telecommunications products, which enhance the effectiveness of the industry. Leveraging proprietary global telecommunications tariff information, skilled data analysts and programmers; Magenta provides innovative tools and systems to manage circuit connectivity for global telecommunications carriers, systems integrators and end-users. 20/20 Technologies is a holding company, founded in 2003 by seasoned telecommunication veterans, to help multi-national corporations and international carriers ease off-net connectivity through supply chain tools.

Joss Wynne Evans: 07976 261555
Email: jwe@magenta-netlogic.com






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