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GTT To Acquire Global Capacity

McLean, VA, June 26, 2017 — GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, announced today a definitive agreement to acquire Global Capacity, a provider of network connectivity solutions that simplifies the process of connecting enterprises to high-value cloud and business destinations.

This strategic combination:
• Grows GTT’s client base, with the addition of marquee clients in the healthcare, application service provider, retail and carrier markets, adding highly complementary recurring revenue streams
• Augments GTT’s Managed SD-WAN service with diverse access options, including an extensive on-net Ethernet over Copper infrastructure
• Expands scale and network reach with last mile connectivity to over 9.6 million U.S. commercial addresses, from 41 data centers and 1,750 Central Office points of presence

Read the source article at GTT Communications, Inc.