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COLT Telecom to set up subsidiary

CHENNAI: COLT Telecom, a leading business communication service provider in Europe, has announced its plan to set up its wholly owned subsidiary, COLT Technology Services India Pvt. Ltd.

The centre will be viewed as part of the COLT family of operating units and will cater to high quality technical support functions for its Europe based services. The company's strategy is to provide multiple support functions to its core business in Europe from India and it aims to begin operations by September, says a release.

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