0
Broadband

GTT expands assets sale as Q3 results fall

Tuesday 12 November 2019 | 16:05 CET | News
Always wanted to know everything about the Dutch Telecoms market? Then the online Masterclass Introduction Dutch Telecom market is for you! Please enroll here!
GTT Communications has put more network assets up for sale, after reporting a drop in third-quarter results. The company said it has expanded the scope of its asset review announced last quarter to include its European fibre assets, subsea transatlantic fibre and data centre infrastructure acquired as part of the Interoute and Hibernia takeovers.

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: World
::: add a comment

Add 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 appoints new CFO

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

GTT sharply narrows loss in Q4, despite lower revenues

Published 02 Mar 2020 14:00 CET | World
GTT Communications more than halved its net loss in the fourth quarter, despite slightly lower revenues, and said it is still ...

GTT connects Caroll's European retail operations

Published 10 Dec 2019 18:41 CET | Europe
GTT Communications was contracted to operate womenswear brand Caroll's wide area network in Europe. GTT connects Caroll's French ...

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 ...

GTT upgrades key European network routes to meet growing demand

Published 29 Oct 2019 16:03 CET | Europe
GTT Communications said it upgraded its fibre network across several of its European routes. The company said its network ...

GTT delivers SD-WAN, SIP trunking to Greenyard

Published 16 Oct 2019 08:57 CET | World
GTT Communications announced that Greenyard, a global provider of fresh, frozen and prepared fruits, vegetables, flowers and ...

GTT Q2 sales rise 32.7%, company mulls sale of non-core assets

Published 08 Aug 2019 16:45 CET | World
GTT Communication reported sales in the three months to end-June of USD 433.8 million, up 32.7 percent from a year earlier and ...

GTT buys KPN's international network for EUR 50 mln

Published 08 Jul 2019 08:34 CET | Netherlands
Dutch operator KPN has agreed to sell its international network to GTT Communications for EUR 50 million excluding cash and debt. ...

GTT narrows loss in Q1, as revenues jump 73%

Published 08 May 2019 17:02 CET | United States
GTT Communications said revenues for the first quarter jumped almost 73 percent from the year before to USD 450.2 million while ...





Calendar   /   Industry Events

26 Oct CCW Europe 2020
27 Oct Akamai Technologies Q3 2020
27 Oct Microsoft fiscal Q1
27 Oct Megacable Q3 2020
27 Oct A10 Networks Q3 2020
27 Oct Juniper Networks Q3 2020
27 Oct Siminn Q3 2020
27 Oct Sequans Communications Q3 2020
27 Oct Telefonica Brasil Q3 2020
28 Oct Telefonica Deutschland Q3 2020
28 Oct Equinix Q3 2020
28 Oct Belden Q3 2020
28 Oct Ooredoo Q3 2020
28 Oct ZTE Q3 2020
28 Oct 8x8 fiscal Q2
28 Oct Extreme Networks fiscal Q1
28 Oct KPN Q3 2020
28 Oct Telecoms World Asia 2020
28 Oct Cognizant Q3 2020
29 Oct Swisscom Q3 2020
29 Oct Hrvatski Telekom Q3 2020
29 Oct Poly fiscal Q2
29 Oct Orange Q3 2020
29 Oct Nokia Q3 2020
29 Oct BT fiscal Q2
29 Oct Twitter Q3 2020
29 Oct Altice USA Q3 2020
29 Oct Motorola Solutions Q3 2020
29 Oct Amazon Q3
29 Oct Teleste Q3 2020
::: More Calendar Items