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Tag: gtt
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 »
Tags: selling
division
billion
infrastructure
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