Lights out for Lumen in EMEA

UK-based Colt Technology Services this week agreed to pay $1.8bn for US counterpart Lumen’s Europe, Middle East and Africa business.
The deal will increase Colt’s already sizeable network footprint in the region, giving it a presence in more countries, and more European cities and data centres. It also strengthens Colt’s portfolio of solutions for enterprise, hyperscaler, government and wholesale customers.
“This transaction would mark the next chapter in Colt’s exc