Global Telecom & Technology

Global Telecom & Technology, Inc.
Public
Traded as NYSE MKT: GTT
Industry Telecom
Founded 2006
Headquarters McLean, Virginia, USA
Area served
 Worldwide
Key people
 Richard D. Calder, CEO
Products Internet services, Telecommunications, Content delivery
Number of employees
 243
Website gtt.net
Primary ASN 3257
Peering policy Restrictive
Traffic Levels 7 Tbit/s+

Global Telecom & Technology (GTT) is a multinational telecommunications and Internet service provider company headquartered in McLean, Virginia. GTT operates a Tier 1 network, and provides IP transit and MPLS transport services to enterprise, government, and carrier customers in over 80 countries.[1]

History

In October 2006 Global Telecom & Technology, Inc. was formed as the result of a merger between European Telecommunications & Technology (ETT) and Global Internetworking, Inc. (GII).[2]

In December 2009 GTT acquired WBS Connect in a stock and cash transaction, shifting its business model from being an exclusively virtual network operator and telecom solutions integrator to a network operator providing IP transit and Ethernet services.[3]

In June 2011 GTT acquired PacketExchange, a privately held UK company and operator of a global backbone providing IP transit and MPLS transport services, for $20 million in cash.[4]

In May 2012 GTT acquired nLayer Communications, a privately held global IP backbone, for $18 million. nLayer founder Richard Steenbergen joined GTT as CTO.[5]

In April 2013 GTT acquired the Tier 1 IP network Tinet from Inteliquent, for $54.5 million in cash and services.[6]

In June 2013 GTT was listed on the New York Stock Exchange, under the symbol GTT.

On February 19, 2015, GTT entered into a definitive agreement to acquire MegaPath’s Managed Services business which provides private wide-area-networking, Internet access services, managed services and managed security to over 500 large multinational clients.[7]

References

  1. ↑ "MicroSite Filing Data Display". Gt-t.vnewscenter.com. Retrieved 2013-11-05.
  2. ↑ "exv99w1". Sec.gov. Retrieved 2013-11-05.
  3. ↑ "WBS Connect is now Global Telecom & Technology (GTT) | Telecom News Now - The JS&A Blog". Jaymiescotto.com. 2009-12-16. Retrieved 2013-11-05.
  4. ↑ Enterprise (2011-05-23). "GTT Acquires PacketExchange For $20 Million In Cash, Debt". TechCrunch. Retrieved 2013-11-05.
  5. ↑ "Network M&A: GTT Acquires nLayer". Telecom Ramblings. Retrieved 2013-11-05.
  6. ↑ "Network M&A: GTT Buys Inteliquent's Data Network". Telecom Ramblings. 2013-04-30. Retrieved 2013-11-05.
  7. ↑ "GTT Acquires MegaPath’s Managed Services Business". GTT. Retrieved 2015-02-19.

External links