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Press Releases

Press Releases

  • GTT Announces Upcoming Departure of CFO

    August 27, 2019

    Mike Sicoli, GTT’s chief financial officer, will depart the company on September 30, 2019, having accepted a more senior role with a data center and cloud solutions provider. GTT has initiated a search for a new CFO and named Dan Fraser as the interim chief financial officer...
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  • GTT Reports Second Quarter 2019 Financial Results

    August 8, 2019

    Financial results for second quarter 2019: Q2 Revenue Grew 33% Year-Over-Year to $434 Million, Q2 Net Loss of $33 Million, Q2 Adjusted EBITDA Grew 50% Year-Over-Year to $112 Million. Announces Free Cash Flow Target of $175–$200 Million for 2020. Hires Advisor to Explore Sale of Certain Non-Strategic Assets. Adopts Plan Designed to Protect NOLs...
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  • GTT Enhances SD-WAN with Universal CPE to Improve Agility and Performance

    July 30, 2019

    GTT has expanded its SD-WAN service by adding the capability to run multiple network applications on a single universal customer premises equipment (uCPE) device. uCPE enables more cost-effective and efficient delivery of network services...
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  • GTT Announces Earnings Call for Second Quarter 2019

    July 25, 2019

    GTT today announced plans to release results for the second quarter, ended June 30, 2019, on Thursday, August 8, 2019. In conjunction with the release, GTT has scheduled a conference call, which will also be broadcast live over the internet that day at 8:30 a.m. Eastern time...
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  • Independent Study Highlights Productivity Gains from GTT SD-WAN

    July 18, 2019

    Today GTT announced the results of a Total Economic Impact study conducted by Forrester. It examines the business benefits and ROI generated by GTT SD-WAN. Analysis found that by using GTT SD-WAN, an enterprise can generate an ROI of 213% and investment payback period of less than six months...
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  • GTT to Acquire KPN International

    July 8, 2019

    GTT announced today a definitive purchase agreement to acquire KPN International, a division of KPN N.V. headquartered in Netherlands, for approximately €50 million in cash, on a cash and debt-free basis. KPN International operates a global IP network serving enterprise and carrier clients...
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  • GTT Appoints Ernie Ortega as Division President, Americas

    June 17, 2019

    GTT has appointed Ernie Ortega as Division President, Americas, and has promoted Jesper Aagaard to an expanded role as Division President, Europe including the UK region...
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Media Contact

Randy Slack
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Press Release Archive

2019 (18)

2018 (29)

2017 (42)

2016 (45)