Shares: Taking Stock
Tuesday 05 August 1997
Colt Telecommunications surged 21p to an all-time high of 388.5p, on news that it had signed an interconnect agreement with France Telecom. The company, which is expected to complete a similar deal in Germany within a month, announces second-quarter results next week. Dealers said heavy buying on Friday in the US - where Colt is quoted on Nasdaq - had also helped.
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