0
Broadband

GTT close to sale of former Interoute assets for USD 2 bln - report

Thursday 10 September 2020 | 08:44 CET | News
GTT Communications is in advanced talks to sell European fibre assets to affiliates of Macquarie Group, 3i Group and AustralianSuper, people with knowledge of the matter told Bloomberg. GTT's shares gained as much as 31 percent on the report.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: GTT Communications / Interoute
Countries: Europe
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

GTT CFO Berns leaves, Granato named interim CFO

Published 09 Dec 2020 16:20 CET | World
GTT Communications announced that CFO Steven Berns stepped down from his role as CFO, less than a year after joining the company. ...

GTT powers Etex's SD-WAN deployment

Published 10 Nov 2020 17:34 CET | World
GTT Communications announced that Etex, a global building materials specialist, selected GTT's managed SD-WAN service to connect ...

GTT sells infrastructure division for USD 2.15 billion

Published 16 Oct 2020 15:50 CET | World
GTT Communications said it has agreed to sell its infrastructure division to investment group I Squared Capital for USD 2.15 ...

Weekly news summary: 3 new 5G networks, Altice Europe to go private and TP webinar on digital regulation

Published 14 Sep 2020 11:39 CET | World
The past week's news included the launch of three new 5G networks, as well as new 5G services for drone monitoring and ...

GTT appoints interim CEO, expands executive leadership team

Published 06 Jul 2020 15:02 CET | World
US-based GTT Communications appointed chief revenue officer Ernie Ortega its interim CEO while the board continues its search for ...

GTT reports lower Q1, pulled down by less installs

Published 08 May 2020 15:01 CET | World
GTT Communications reported lower results for the first quarter, with numbers impacted by a slowdown due to the coronavirus ...

GTT appoints new CFO

Published 06 Apr 2020 16:03 CET | World
GTT Communications has appointed Steven Berns its new CFO. Berns will replace interim CFO Dan Fraser, who will continue to serve ...

GTT completes takeover of KPN International

Published 02 Dec 2019 18:08 CET | Netherlands
GTT Communications announced it has completed the acquisition of KPN International, the Dutch carrier's global IP network serving ...

GTT hires advisers for infrastructure assets sale

Published 26 Nov 2019 15:54 CET | Europe
GTT Communications is moving ahead with plans to sell some of its assets, announcing it's hired Credit Suisse and Goldman Sachs ...





Calendar   /   Industry Events

10 May Ceva Q1 2021
10 May Weibo Q1 2021
10 May Boingo Wireless Q1 2021
10 May Synchronoss Q1
10 May NortonLifeLock fiscal Q4, investors day
10 May 8x8 fiscal Q4 results
11 May Magyar Telekom Q1 2021
11 May Radcom Q1 2021
11 May Vizio Q1 2021
11 May Sonim Q1 2021
11 May Telefonica Brasil Q1 2021
11 May Allot Q1 2021
11 May Softbank FY results
11 May United Internet Q1 2021
11 May Lattice Semiconductor investor day
11 May Small Cells World Summit
12 May Airtel Africa Q1 2021
12 May Mediaset Q1 2021
12 May NEC FY results
12 May Telefonica Deutschland Q1 2021
12 May Deutsche Telekom Q1 2021
12 May Bredband2 Q1 2021
12 May Syn Q1 results 2021
12 May OTE Q1 2021
12 May Lumentum fiscal Q3
13 May Inwit Q1 2021
13 May Telefonica Q1 2021
13 May Poly fiscal Q4
13 May Alibaba Group Q1
13 May DZS investors day
::: More Calendar Items