This is an AI translated post.
Colt Expands to Southeast Asia, Aiming to Become a Global Digital Infrastructure Company
- Writing language: Korean
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Base country: Japan
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- Information Technology
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Summarized by durumis AI
- Colt Technology Services held a Southeast Asia business expansion briefing on June 5, 2024, announcing plans to provide services in six Southeast Asian countries by the end of 2024.
- Colt acquired network assets in Europe, the Middle East, and Africa through the acquisition of Lumen Technologies' EMEA business, and secured North American connectivity through its partnership with Lumen.
- Colt has identified the growth potential of the Southeast Asian region through AI-powered market analysis and plans to provide comprehensive services in collaboration with local partner companies.
Colt Technology Services (Colt) held a briefing session on June 5, 2024 to announce its expansion into Southeast Asia, revealing its plan to provide comprehensive services in six Southeast Asian countries by 2024. This move aims to support the entry of Japanese and global businesses into Southeast Asia.
Colt already acquired Lumen Technologies' EMEA (Europe, Middle East, and Africa) business in 2023, securing network assets and submarine cables in the European, Middle Eastern, and African regions. Additionally, through a strategic partnership with Lumen, Colt has secured North American connectivity.
Through this expansion, Colt aims to facilitate the global expansion of Japanese businesses. Southeast Asia, with its substantial growth potential, is a key focus area. Colt conducted market analyses of Southeast Asia utilizing AI, confirming the region's promising future growth.
Colt plans to provide comprehensive services through collaborations with partner companies in six Southeast Asian countries. This approach allows Colt to enhance its understanding of each country's network and market, and to deliver services tailored to local customs and languages. Partner companies will be fully integrated into Colt's support system, effectively becoming part of Colt. Colt will manage contracts, customer support, and other aspects centrally.
Colt's expansion into Southeast Asia goes beyond mere geographical expansion; it is part of Colt's long-term strategy to transform itself from a "telecommunications provider" to a "global digital infrastructure company." Colt plans to continue expanding its global network, strengthening its digital infrastructure services, and establishing leadership in the global market.
