press releases

GTT Expands Product Portfolio with Optical Transport Services

Services leverage GTT’s core fiber network optimized for latency performance and route diversity to meet increased demand for fast, resilient connectivity

McLean, VA, March 16, 2017 — GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, announced today the launch of Optical Transport services. GTT’s Optical Transport provides highly scalable bandwidth and low latency connectivity, enabling seamless transport of high volume data and cloud-based applications between global financial markets, data centers, media hubs and service provider networks. The new services leverage the company’s subsea and terrestrial fiber optic network, which is optimized

GTT Reports Fourth Quarter and Full Year 2016 Financial Results

Delivers Record Revenue, Adjusted EBITDA and Adjusted EBITDA margins

Q4 Revenue Grew 18.9% Year-Over-Year to $136.5 Million; Up 3.5% Sequentially

Q4 Adjusted EBITDA Grew 32.3% Year-Over-Year to $33.8 Million; Up 5.1% Sequentially

2016 Revenue Grew 41.3% to $521.7 Million; 2016 Adjusted EBITDA Grew 62.3% to $125.0 Million

  McLean, VA, March 8, 2017 - GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, announced today its financial results for the quarter and year ended December 31, 2016. Fourth quarter highlights

GTT to Present at Pacific Crest 12th Annual Emerging Technology Summit

McLean, VA, February 23, 2017GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, will present at the Pacific Crest 12th Annual Emerging Technology Summit taking place in San Francisco. Chris McKee, general counsel and executive vice president, corporate development, will present on February 28 at 10:30 a.m. PST, participate on the “Future of SDN and Network Connectivity” panel at 11:00 a.m. PST, and meet with investors that day. A webcast of the presentation session and a copy of the company’s latest investor presentation will be available on the company’s website.   About GTT GTT provides multinationals with a better way to r

GTT Announces Earnings Call for Fourth Quarter 2016

McLean, VA., Feb. 22, 2017 GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, announced today its plans to release results for the fourth quarter ended December 31, 2016, on Wednesday March 8, 2017. In conjunction with the release, GTT has scheduled a conference call, which also will be broadcast live over the internet, that day at 8:30 a.m. Eastern Time. What: GTT’s Fourth Quarter 2016 Financial Results Conference Call When: Wednesday, March 8, 2017 at 8:30 a.m. Eastern Time Where: Via phone by dialing +1.844.875.6916 or +1.412.317.6714 and asking for the GTT call, or via webcast at w

GTT Receives 2017 INTERNET TELEPHONY Product of the Year Award

Cloud Connect Recognized for Industry Innovation and Quality

McLean, VA, January 31, 2017GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, announced today that TMC, a global, integrated media company, has named Cloud Connect a 2017 INTERNET TELEPHONY Product of the Year Award winner. These awards recognize the most innovative and highest quality IP communications brought to market or updated in the past year. Cloud Connect is a private network solution that provides multinational clients with secure, pre-established connectivity to leading cloud service providers. By connecting to GTT in a sing

GTT Completes Acquisition of Hibernia Networks

Extends global network and adds strategic fiber assets

Expands service portfolio and multinational client base

McLean, VA, January 9, 2017GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, announced today the completion of its acquisition of Hibernia Networks, a leading provider of global, high-speed network connectivity solutions and owner of terrestrial and subsea fiber assets. “The addition of Hibernia Networks advances GTT’s growth strategy,” stated Rick Calder, GTT president and CEO. “The transaction expands GTT’s top five global IP network, adds products to our cloud net

GTT to Sponsor and Speak at PTC’17

McLean, VA, January 5, 2017 — GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, announced today that it will sponsor and speak at the upcoming PTC’17 conference in Honolulu. PTC’17: Changing Realities will explore the evolving landscape of the global economy and regulatory environment, and present ways in which service providers can prepare for these changes. (more…)

GTT Expands Reach in U.S. With New Points of Presence

McLean, VA, December 15, 2016GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, announced today the launch of four new points of presence (PoPs) in the United States: San Diego, California; Detroit, Michigan; Chandler, Arizona and McAllen, Texas. These new PoPs extend GTT’s Tier 1 global network, ranked in the top five worldwide, and provide more locations where clients can securely and privately connect to leading cloud service providers through GTT’s comprehensive portfolio of cloud networking services. In addition, the McAllen PoP serves as a key interconnection point for organizations that require reach into Central and South America. “GTT’s expanded U.S. netw

GTT to Acquire Hibernia Networks

Adds highly strategic global fiber assets, including ultra-low latency routes Expands service portfolio and client base Significantly increases scale

McLean, VA, November 9, 2016 — GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, announced today a definitive agreement to acquire Hibernia Networks, a leading provider of global, high-speed network connectivity solutions and owner of terrestrial and subsea fiber assets including Hibernia Express, the lowest latency transatlantic cable system. The $590 million transaction consists of $515 million in cash and approximately 3.3 million shar

GTT Reports Third Quarter Financial Results

Revenue Grew 36% Year-Over-Year to $131.9 Million; Up 2% Sequentially

Adjusted EBITDA Grew 54% Year-Over-Year to $32.1 Million; Up 6% Sequentially

  McLean, VA, November 9, 2016 GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, announced today its financial results for the third quarter ended September 30, 2016. Third quarter highlights:
  • Revenue increased by 35.9% to $131.9 million compared to $97.0 million in third quarter 2015, and by 2.3% compared to $128.9 million in second quarter 2016.
  • Net income increased to $5.1 million compared to net income of

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