COLT Telecom Builds European VPN Customer Base

COLT Telecom has signed up around 700 IP VPN customers across Europe since it began offering the service two years ago. The company highlighted the financial sector as being a prime customer of IP VPNs. COLT has a multi-million EUR contract with SWIFT, an industry body that supplies secure messaging services to 7,000 financial companies worldwide. COLT has migrated over 300 of SWIFT's members to the new MPLS-based SWIFTNet network.
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