Home › GTT sells infrastructure division for USD 2.15 billion
 

Keywords :   


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

Category:Telecommunications

Latest from this category

All news
04.03Your AI Agents Are Only As Smart As Your Data Infrastructure
24.02What Is a Forward Deployed Engineer? The Role Bridging AI Ambition and Production Reality
23.02From AI Pilots to Production Results with Governed Execution
Telecommunications »
06.032026 Crop insurance prices favor soybeans over corn
06.032026 Crop insurance prices favor soybeans over corn
05.03Pork industry titans inducted into NPPC Hall of Fame
05.03Parker honored with Paulson-Whitmore Award at National Pork Industry Forum
05.03Beef.com launches digital infrastructure blueprint
05.03Inside the beef market: Prices, policy, and meat inspection
05.03Oil prices, market impact from military strikes in the Middle East
05.03Oil prices, market impact from military strikes in the Middle East
More »