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473:, operator of one of Europe's largest independent fiber networks and cloud networking platforms, for approximately €1.9 billion ($ 2.3 billion) in cash. The deal subsequently closed on May 31. On March 12, GTT expanded its Canadian footprint by acquiring Toronto-based telecommunications company Accelerated Connections. On October 1, GTT acquired
1329:
McLean-based telecommunications company GTT Communications Inc. is planning to file a prepackaged chapter 11 case after it closes the previously announced sale of its infrastructure division to Miami-based I Squared
Capital, it announced Thursday. After the completion of the $ 2.15 billion sale, GTT
460:
for $ 590 million. The company acquired five subsea cables, including
Hibernia Express (now GTT Express), a low latency transatlantic cable system. In May, GTT purchased IP broker and aggregator Giglinx, for $ 21 million. On June 19, GTT announced it was acquiring Perseus Telecom, a provider of low
1299:
The company is no longer suitable for listing because the company is delayed in filing with the
Securities and Exchange Commission its quarterly reports on Form 10-Q for the quarters ended June 30, 2020, September 30, 2020 and March 31, 2021 and annual report on Form 10-K for the fiscal year ended
550:
As of 2019, GTT was one of the five largest
Internet backbones in terms of traffic. The company's high speed Internet services include IP transit, dedicated internet access and broadband internet services. GTT also operates a 100% native dual stack (IPv4 and IPv6) carrier class network built on
452:
On
February 9, 2016, GTT acquired Telnes Broadband for $ 18 million. On October 7, 2016, GTT announced the award of Government Services Administrations (GSA) IT Schedule 70 Contract. The IT Schedule 70 is the largest acquisition vehicle in the United States federal government.
529:
On
December 16, 2021, the United States Bankruptcy Court for the Southern District of New York approved GTT’s Prepackaged Chapter 11 bankruptcy plan. The Prepackaged Plan enables GTT to improve its capital structure and execute its long-term business strategy.
491:
to sell the infrastructure division of GTT. The division consists of a pan-European, North
American, and subsea fiber network and data center assets and associated infrastructure services provided to customers which were acquired by GTT through the
468:
In
January 2018, GTT announced the acquisition of Custom Connect, an Amsterdam-headquartered provider of high speed network connectivity for multinational enterprises and financial services firms. On February 26, GTT announced the acquisition of
438:'s Central District, bringing its total to 9 offices in 6 countries. In October 2014, GTT announced it had closed the acquisition of UNSi, a communications company providing data services to large enterprise and carrier clients.
1359:
According to the
Securities and Exchange Commission filing, the total cash consideration paid to GTT is approximately $ 1.74 billion and other cash amounts are anticipated to be paid to GTT in the future, contingent on certain
445:’s managed services business, which provides private wide-area-networking, Internet access services, managed services and managed security to multinational clients. On October 22, 2015, GTT acquired
390:
bought both Global
Internetworking Inc. and European Telecommunications & Technology in 2006, merging the two companies' operations and renaming it Global Telecom & Technology, Inc. (GTT).
519:
agreement, following the completion of the sale of its infrastructure division. The company said it expected to continue operating without interruption, with the support of its lenders.
1258:
1519:
383:
In 1998, telecom services integrator Global Internetworking Inc. was founded in McLean, Virginia. That same year, European Telecom and Technology was founded in London.
1499:
526:
for total cash considerations of approximately $ 1.74 billion, with other cash amounts anticipated to be paid to GTT in the future, contingent on certain milestones.
516:
559:
GTT provides WAN services, including SD-WAN, VPLS, MPLS, and Ethernet point-to-point services, which are transported across the company's Tier 1 global IP network.
461:
latency services for the financial market industry, for $ 37.5 million. On June 26, GTT announced it was acquiring Massachusetts-based telecommunications provider
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On August 2, 2021, The New York Stock Exchange delisted GTT Communications' shares after it failed to file its quarterly and annual results.
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On January 14, 2014, GTT officially changed its name to GTT Communications, Inc. In February 2014, GTT announced opening a new office in
47:
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958:
480:
On December 2, 2019, GTT completed its acquisition of KPN International, a division of Netherlands-based telecommunications company
427:
for $ 54.5 million in cash and services, resulting in Tier 1 status for GTT's global IP network. In June 2013 GTT was listed on the
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402:-based WBS Connect in a stock and cash transaction, shifting its business model to a network operator providing
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and some subsidiaries will file their cases in the U.S. Bankruptcy Court for the Southern District of New York.
522:
On September 17, 2021, GTT completed the long-anticipated sale of its infrastructure division to Miami-based
511:
On September 2, 2021, GTT announced that the company and certain U.S.-based subsidiaries planned to file for
1008:
704:
910:"United States : GTT Announces Award of Government Services Administrations IT Schedule 70 Contract"
423:
In April 2013, GTT acquired the Tier 1 IP network, Tinet (formerly Tiscali International Network), from
420:
In May 2012, GTT acquired nLayer Communications, a privately held global IP backbone, for $ 18 million.
607:
542:(PoPs). The network spans six continents, and provides services to clients in more than 170 countries.
332:
104:
1259:"GTT Reaches $ 2.15 Billion Definitive Agreement to Sell Infrastructure Division to I Squared Capital"
449:(OSN), a provider of data, Internet, Session Initiation Protocol (SIP) trunking and managed services.
325:
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465:, for $ 100 million and 1.85 million shares of GTT common stock. The deal closed on September 18.
428:
114:
413:
In June 2011, GTT acquired PacketExchange, a privately held UK company and operator of a global
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885:"GTT acquires Telnes Broadband for $ 18M, accelerates channel sales reach | FierceTelecom"
8:
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1184:"GTT acquires Accelerated Connections, enhances Canadian network, market foothold"
913:
462:
146:
515:
in the U.S. Bankruptcy Court for the Southern District of New York as part of a
748:"GTT - Global Telecom & Technology Inc. : GTT to List on the NYSE MKT"
347:
43:
1493:
477:-based Access Point, a provider of communications services in the US market.
1159:"Q&A: GTT CMO Nomellini discusses Interoute deal, SD-WAN and automation"
1470:"GTT increases Asia-Pacific play by establishing network presence in Tokyo"
1134:"GTT acquires Custom Connect to extend European, Middle East IP backbone"
441:
On February 19, 2015, GTT entered into a definitive agreement to acquire
424:
135:
484:, operating a global IP network serving enterprise and carrier clients.
414:
403:
1109:"GTT acquires Global Capacity, scales network reach to 9.6M locations"
655:"Global Telecom & Technology Completes Acquisition of WBS Connect"
497:
470:
435:
1284:"GTT in crisis as NYSE delists shares for failing to report results"
984:"GTT launches optical transport services, leverages Hibernia assets"
474:
442:
407:
351:
336:
1034:"GTT acquires Perseus for $ 37.5M, ups financial market presence"
276:
1209:"GTT Communications Expands With $ 40M Access Point Acquisition"
359:
201:
Lisa Cool (CMO & Chief of Staff for the Executive Office),
1421:
681:"GTT Acquires PacketExchange For $ 20 Million In Cash, Debt"
266:
801:"GTT Expands Global Presence with New Office in Hong Kong"
481:
1520:
Companies that filed for Chapter 11 bankruptcy in 2021
1314:"GTT Communications to file for Chapter 11 bankruptcy"
726:"Network M&A: GTT Buys Inteliquent's Data Network"
1059:"GTT Buying Global Capacity for $ 100 Million, Stock"
487:
On October 16, 2020, GTT announced an agreement with
456:
On January 9, 2017, GTT completed the acquisition of
959:"GTT completes $ 590m Hibernia Networks acquisition"
864:"GTT Buys One Source Networks, Achieves a Few Goals"
843:"GTT Acquires MegaPath's Managed Services Business"
1234:"GTT completes €50m KPN International acquisition"
1500:Telecommunications companies of the United States
1311:
1281:
856:
579:"SECURITIES AND EXCHANGE COMMISSION FORM PREM14A"
302:
50:, and by adding encyclopedic text written from a
1491:
1373:"GTT Granted Court Approval of Prepackaged Plan"
953:
951:
772:"GTT Communications, Inc. Announces Name Change"
1341:
1084:"GTT completes acquisition of Global Capacity"
835:
948:
608:"Mercator Partners IPO Raises $ 59.5 Million"
1389:
538:The company operated a network of over 450
1505:Companies formerly listed on NYSE American
745:
678:
605:
573:
571:
370:; and voice and video transport services.
1009:"GTT's Other Spring Acquisition: Giglinx"
70:Learn how and when to remove this message
1344:"GTT completes $ 2B infrastructure sale"
652:
197:Edward Morche (CEO and board director),
1446:"Profile; GTT Communications Inc (GTT)"
1312:Katherine Schulte (September 2, 2021).
568:
554:
1492:
705:"Network M&A: GTT Acquires nLayer"
1342:Robyn Sidersky (September 17, 2021).
233:Multi-Protocol Label Switching (MPLS)
803:. The World News Network. 2014-02-26
653:Hamilton, David (17 December 2009).
500:and KPN International acquisitions.
417:backbone, for $ 20 million in cash.
386:In April 2005, Mercator Partners, a
81:
15:
1282:Alan Burkitt-Gray (July 23, 2021).
388:special purpose acquisition company
215:Voice over Internet Protocol (VoIP)
31:contains text that is written in a
13:
14:
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606:O'Hara, Terence (16 April 2005).
236:Managed and Professional Services
224:Secure Access Service Edge (SASE)
134:
125:Tier 1 Internet service provider
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866:. Telecom Ramblings. 2015-09-15
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728:. Telecom Ramblings. 2013-04-30
398:In December 2009, GTT acquired
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113:Please discuss further on the
1:
707:. Telecom Ramblings. May 2012
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322:Global Telecom and Technology
912:. 2016-10-07. Archived from
845:. Fierce Telecom. 2015-02-20
824:. Fierce Telecom. 2014-10-01
778:. 2014-01-22. Archived from
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103:to comply with Knowledge's
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1510:Content delivery networks
1063:channelpartnersonline.com
679:Enterprise (2011-05-23).
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199:Fletcher Keister (CPTO),
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1397:"March 2019 10-K filing"
1348:www.virginiabusiness.com
1318:www.virginiabusiness.com
659:Web Host Industry Review
551:optical infrastructure.
431:, under the symbol GTT.
314:GTT Communications, Inc.
129:GTT Communications, Inc.
517:Pre-packaged insolvency
429:New York Stock Exchange
936:Cite journal requires
752:www.marketscreener.com
95:This article contains
1288:www.capacitymedia.com
963:www.capacitymedia.com
889:www.fiercetelecom.com
513:Chapter 11 bankruptcy
109:neutral point of view
52:neutral point of view
555:Wide area networking
356:wide area networking
331:company and managed
249:2,200 (January 2023)
218:Wide Area Networking
44:promotional language
822:"GTT Acquires UNSi"
633:"Investor Overview"
612:The Washington Post
447:One Source Networks
344:Arlington, Virginia
245:Number of employees
175:Arlington, Virginia
130:
97:paid contributions.
540:points of presence
329:telecommunications
157:Telecommunications
128:
46:and inappropriate
1474:fiercetelecom.com
1426:as-rank.caida.org
1377:finance.yahoo.com
1300:December 31, 2020
1238:capacitymedia.com
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1113:fiercetelecom.com
1038:fiercetelecom.com
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988:fiercetelecom.com
965:. 10 January 2017
891:. 9 February 2016
524:I Squared Capital
489:I Squared Capital
458:Hibernia Networks
348:Tier 1 IP network
346:. GTT operates a
342:headquartered in
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1478:. Retrieved
1476:. 2013-09-25
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