High-bandwidth services specialist aims to tap into Finland’s burgeoning data centre market.

Colt this week announced it is extending its Nordic network to Finland, in order to tap into the growing data centre market, and the increasing use of the country as a hub for traffic moving between Europe and Asia.

Citing last year’s Data Centre Risk Index, Colt said Finland’s cheap electricity and cold climate makes it one of the world’s top five destinations for data centre investment. Meanwhile, according to TeleGeography, traffic between Europe and Asia is expected grow by 278% between 2015 and 2020, and Finland is emerging as an important hub for that traffic.

"Finland’s appeal as a hotbed for data centre investment puts the country firmly on the high bandwidth map, attracting data centre operators, connectivity providers and enterprise users," said Tim Passingham, vice president of wholesale at Colt, on Monday.

In order to capitalise on this opportunity, Colt is building new routes to Finland, including 10-Tbps capacity between Helsinki and Stockholm, Sweden, and a 100-Gbps-capable connection closing Colt’s fibre ring linking Helsinki, Warsaw and Berlin.

"As part of our global investment programme of €500 million over the next three years, we aim to create faster routes for customers seeking increasingly demanding SLAs, building on Finland’s strategic importance as a gateway hub between Europe and Asia," Passingham said.