Colt Technology Services Group Limited (formerly COLT Telecom Group S.A.)[2] is a multinational telecommunications company headquartered in London, United Kingdom. It was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index until it was acquired by Fidelity Investments in August 2015. Colt was originally an acronym for City Of London Telecommunications.
History
Colt was founded as City Of London Telecommunications in 1992 by James Hynes, with funds provided by Fidelity Investments.[3] The company began to construct a telecoms network in London.[3]