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Jan 3, 2023 · Through GTT’s sale of its infrastructure division in 2021 (the “Infrastructure Sale”) and its financial restructuring process, GTT reduced its debt by $2.8 billion, or approximately 80%.
Jan 22, 2014 · By. GTT (NYSE MKT:GTT), a cloud networking service provider offering Tier 1 IP and Ethernet network solutions to multinational enterprises, today announced the company name change to GTT Communications, Inc. "GTT will execute our strategy to extend our network ubiquitously around the world, to expand our portfolio of cloud networking services ...
Sep 17, 2021 · September 17, 2021. GTT Communications, a global enterprise and dark fiber provider, today announced that it has completed the sale of its infrastructure division, for an initial $1.74bn in cash, to I Squared Capital, an infrastructure private equity firm, which will rename the newly independent operating company EXA Infrastructure.
Dec 30, 2022 · GTT Communications, Inc. Emerged from Bankruptcy. December 30, 2022 at 12:00 am EST. GTT Communications, Inc. emerged from its Chapter 11 bankruptcy as its second amended third modified joint plan of reorganization became effective on December 30, 2022. GTT Communications, Inc. had filed its plan in the Court on November 30, 2022.
Apr 24, 2020 · Sources: 2019 GTT 10-K, THE RED THREAD: My Fortunate Life in Telecommunications (Book by GTT Chairman H. Brian Thompson), Telecom 101 (Detailed Industry Primer on the Telecom Industry), GTT ...
Ed Morche is GTT’s chief executive officer and a member of the board of directors. Mr. Morche joined GTT in October 2023 and is an accomplished business leader with an excellent track record that spans more than 30 years in the telecommunication industry. Before GTT, he served as president of Lumen’s North American Enterprise and Public ...
GTT Communications, Inc. (NYSE: GTT), a leading global cloud networking provider to multinational clients, announced today that the company has signed a definitive purchase agreement to sell its infrastructure division to I Squared Capital, an independent global infrastructure investment firm, for $2.15 billion. 1 The infrastructure division consists of GTT’s business and activities of ...
