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GTT sells infrastructure division for USD 2.15 billion

Friday 16 October 2020 | 15:50 CET | News
GTT Communications said it has agreed to sell its infrastructure division to investment group I Squared Capital for USD 2.15 billion. GTT interim CEO Ernie Ortega said the divestment will enable the company to better focus on network investment and the development of high-speed infrastructure services. It will also reinforce GTT's capex light business model and its strategy to develop cloud networking. 

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Categories: Fixed
Companies: GTT Communications
Countries: World
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