Konsole colors in Kubuntu

Switching on colors in the KDE Konsole is not fortunately very easy:

• Start the Konsole application
• Choose from the menu: Settings -> Edit Current Profile
• Click the "Environment: Edit..." button on the General tab
• Make sure the TERM variable is set to
  xterm-color like so: TERM=xterm-color
• Click "OK" in both the dialogs to apply changes
• Restart the Konsole application to see the effect it had