Summary Bullets:

• Colt will expand its network in Sydney connecting approximately 250 commercial buildings and over 20 data centers with services to commence in March 2025.

• Colt must continue to highlight its network capabilities and global reach to rival other global carriers and NaaS providers.

Colt Technology Services announced that it plans to expand its optical network in Sydney, Australia with direct access to approximately 250 commercial buildings and more than 20 data centers as the carrier looks to promote services from early December with services to commence in March 2025. This announcement from Colt is part of the company’s push in Asia-Pacific and will complement its Asian expansion strategy as the company looks to capture the strong B2B network services market growth in the region., Colt anticipates that by 2028 it will extend services to approximately 300 local and global companies with offices in Sydney. While this announcement points to another international player choosing to focus on the Australian market for growth, Colt is not gaining much differentiation from this announcement.

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