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GTT sets up EXA Infrastructure following USD 2 bln fibre sale

2021-09-20 09:53:00| Telecompaper Headlines

(Telecompaper) GTT Communications has launched a new brand called EXA Infrastructure after completing the USD 2.15 billion sale of its infrastructure division to I Squared Capital...

Tags: sale sets usd infrastructure

 

GTT selling infrastructure division for $2.15 billion

2020-10-19 02:00:00| Total Telecom industry news

On Friday, GTT Communications announced its intentions to tell its infrastructure division to I Squared Capital for $2.15 billion.     The sale includes a multitude of assets, including a 103,000 km fibre network that spans 400 points of presence across 31 metro areas and 103 cities in Europe and North America…read more on TotalTele.com »

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GTT sells infrastructure division for USD 2.15 billion

2020-10-16 15:50:00| Telecompaper Headlines

(Telecompaper) GTT Communications said it has agreed to sell its infrastructure division to investment group I Squared Capital for USD 2.15 billion. GTT interim CEO Ernie Ortega said the divestment will enable the company to better focus on network investment and the development of high-speed infrastructure services. It will also reinforce GTT's capex light business model and its strategy to develop cloud networking.

Tags: division usd billion infrastructure

 

GTT buys KPN's international network for EUR 50 mln

2019-07-08 08:34:00| Telecompaper Headlines

(Telecompaper) Dutch operator KPN has agreed to sell its international network to GTT Communications for EUR 50 million excluding cash and debt. The transaction includes the sale of international fibre assets and network points of presence (POPs) in 21 countries.

Tags: international network eur buys

 

GTT to acquire KPN International for 50m

2019-07-08 02:00:00| Total Telecom industry news

Cloud network provider GTT Communications has announced that it will acquire KPN International, for a fixed fee of €50 million. KPN International operates a global IP network and is owned by Dutch telco KPN…read more on TotalTele.com »

Tags: international acquire 50m kpn

 

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