press releases

GTT Announces New Ultra-Low Latency Routes for Financial Markets

McLean, VA, October 18, 2017GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, announced today the addition of ultra-low latency transport services to key financial centers in Latin America, Asia and Africa, as well as the global launch of its Time Synchronization service. The new ultra-low latency routes include New York to Mexico City, Hong Kong to Tokyo, Hong Kong to Singapore, Mumbai to Singapore, and Johannesburg to London. Financial trading firms can leverage these routes to expand into growing markets for electronic trading activity, including foreign exchange, equities and futures. The ultra-low latency service expansion complements GTT’s recent entry into Brazil a

GTT Acquires Transbeam

McLean, VA, October 3, 2017GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, announced today the acquisition of Transbeam, a provider of managed data and voice services, for $28 million in cash. This strategic combination:

  • Adds marquee U.S. clients in the hospitality, entertainment and retail segments
  • Expands GTT’s scale and deepens its network footprint throughout the Northeast Corridor
  • Augments GTT’s managed SD-WAN service with broadband, wireless and Ethernet over Copper capabilities, complementing the assets gained through its recent acquisition of Global Capacity
“The acquisition of Tran

GTT Completes Acquisition of Global Capacity

McLean, VA, September 18, 2017 — GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, announced today the completion of its acquisition of Global Capacity, a provider of networking services connecting enterprises to high-value cloud and business destinations. The addition of Global Capacity: • 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 SD-WAN service with diverse access options, including an extensive on-net Ethernet over Copper infrastructure • Expands scale and network reach with low cost connectivity

GTT to Present at Drexel Hamilton Telecom, Media and Technology Conference

McLean, VA, September 5, 2017GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, will present at the Drexel Hamilton Telecom, Media and Technology Conference taking place in New York on September 6, 2017. Mike Sicoli, GTT’s chief financial officer, and Chris McKee, GTT’s general counsel and EVP, Corporate Development, will meet with investors that day. A copy of GTT’s latest investor presentation is available on the company’s website.   About GTT GTT provides multinationals with a better way to reach the cloud through its suite of cloud networking services, including optical transport, wide area networking, internet, managed servi

GTT to Present at Capacity North America

McLean, VA, August 31, 2017 GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, announced today that it will present at the upcoming Capacity North America conference in Denver, CO. The event hosts representatives from carriers, service providers and data centers around the world for two days of networking, discussion panels and product exhibitions. Capacity North America will be held September 6-7, 2017, at the Four Seasons Hotel Denver. GTT Chief Marketing Officer Gina Nomellini will speak on a panel titled “Meeting Cloud Connectivity Requirements to Service Next Generation Enterprises” on Wednesday, September 6, at 11:50 a.m. This session will discuss technologies and

GTT Wins Three Stevie® Awards in 2017 International Business Awards

McLean, VA, August 29, 2017 – GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, announced today that it has been recognized with two gold Stevie Awards and one silver in the 14th annual International Business Awards. The International Business Awards are the world’s premier business awards program. All individuals and organizations worldwide – public and private, for-profit and non-profit, large and small - are eligible to submit nominations. The 2017 IBAs received entries from more than 60 nations and territories. GTT received a gold Stevie Award for the second year in a row for Executive of the Year in the telecommunications category, a gold Stevie Award for Fastest-Growing Company of the Y

GTT Expands Ultra Low Latency Services to Brazil

Improves performance and simplifies management of trading operations in Brazil’s growing financial markets

  McLean, VA, August 23, 2017GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, announced today that it has expanded its platform of industry-leading low latency services to Brazil’s financial markets. GTT’s Brazilian offering is a full-service, turnkey solution that includes ultra-low latency connectivity, proximity hosting, time synchronization services, hardware procurement, installation and maintenance, and local consultancy. GTT’s comprehensive service and in-country expertise help organizations tr

GTT Reports Second Quarter 2017 Financial Results

Drives Continued Growth and Margin Expansion Q2 Revenue Grew 44.4% Year-Over-Year to $186.2 Million; Up 2.1% Sequentially Q2 Adjusted EBITDA Grew 77.7% Year-Over-Year to $53.8 Million; Up 6.0% Sequentially

  McLean, VA, August 3, 2017 GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, announced today its financial results for the quarter ended June 30, 2017. Second quarter highlights:
  • Revenue of $186.2 million grew 44.4% over 2Q16, and grew 2.1% over 1Q17.
  • Net income was $0.6 million, compared to net income of $0.1 million in 2Q16 and net loss of $13.1 million in 1Q17. 1Q17

GTT to Present at August 2017 Investor Conferences

McLean, VA, August 1, 2017GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, will present at the following investor conferences in August:

  • On August 7, Rick Calder, GTT CEO, will present at The Pacific Crest 19th Annual Global Technology Leadership Forum in Vail, Colorado, at 9:30 a.m. MT and meet with investors.
  • On August 8, Mr. Calder will present at the 3rd Annual Cowen Communications Infrastructure Summit in Boulder, Colorado, at 10:55 a.m. MT and meet with investors.
  • On August 8, Mike Sicoli, GTT CFO, and Chris McKee, general counsel and EVP, Corporate Development, will present at the Opp

Jisc Selects GTT to Upgrade Internet for UK Research and Education Networks

McLean, VA, July 31 , 2017GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, announced today an agreement with Jisc, the provider of digital solutions for the UK research and education community and operator of the Janet network, one of the leading national research and education networks in the world. GTT will deliver high-speed internet services to the Janet network to support the innovation, research and learning of its approximately 18 million UK college and university users. GTT delivers internet services over its Tier 1 global IP backbone, ranked in the top five worldwide. With over 300 poi

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