Colt Group returns to growth

Data services and telecoms provider Colt Group has seen a big rise in pre-tax profits and says its first half results show a 'return to growth for the first time in many years'.

Data services and telecoms provider Colt Group has seen a big rise in pre-tax profits and says its first half results show a 'return to growth for the first time in many years'.

The firm's biggest offering is data, which accounts for more than half of total revenues. Colt allows companies to use its fibre optic network to provide ethernet services to clients. Revenues in this crucial division gained 1.8% compared to last year, to hit £407.7m.

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