GTT expects to complete the integration of Interoute within three to four quarters after closing. The addition of Interoute augments scale, expanding its Tier 1 global IP network with one of Europe’s most extensive fiber footprints, creates a comprehensive and competitive global cloud networking platform, adds a large base of marquee multinational clients, balanced across geographies and verticals, with very high levels of recurring revenue strengthens GTT’s leadership in software-defined wide area networking (SD-WAN) and enhances GTT’s global team with a world-class sales, operations and customer service organization. Led by Rick Calder, president and CEO, GTT owns and operates a global Tier 1 internet network and provides a comprehensive suite of cloud networking services to any location in the world. The amount of the deal was not disclosed. (NYSE: GTT), a McLean, Va.-based global cloud networking provider to multinational clients, completion its acquisition of Interoute, a London, UK-based operator of one of Europe’s largest independent fiber networks. No doubt other Ethernet vendors are working on related nextgen gear.GTT Communications, Inc. Expands Tier 1 IP network in Latin America, Asia-Pacific, India and Africa Expands client base in financial markets Adds strategic low-latency routes GTT Communications, Inc. Interested in learning more about GTT products & services Please complete this short form to schedule a call with one of our sales consultants. Telo Systems’ latest box supports as much as 1Tbps of capacity in a 6RU chassis, and 240Gbps per line card, all supporting the new Carrier Ethernet 2.0 specifications.
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The vendor is moving swiftly on the Carrier Ethernet opportunity brought on by the cloud revolution, in which one of the key issues is how to scale the larger and more complex backhaul systems that are becoming necessary. (NYSE: GTT) has completed its acquisition of high-speed network connectivity solutions Hibernia. The valuation is roughly 11 times EBITDA based on Interoute’s EBITDA of 165 million (203.06 million) for the 12 months ending September 30, 2017, ChannelE2E calculates. Since going public a couple years ago, BroadSoft has been making some very solid organic progress.Īnd in the UK, Telco Systems ( news) introduced a cloud gateway aggregation platform, entitled the T-Metro 8000. Global cloud networking provider GTT Communications, Inc. GTT Communications, a cloud networking provider to multinational clients, has acquired European fiber network operator Interoute for US2.3 billion in cash. Rogers will be using BroadWorks to power its ‘Rogers One Number’ offering, which as you might expect from the name allows users to maintain one number across many devices. Security News > 2019 > July > GTT acquires KPN, expanding network scale and deepening market presence in Europe 00:00 GTT Communications, the leading global cloud networking provider to multinational clients, announced a definitive purchase agreement to acquire KPN International, a division of KPN N.V.
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HickoryTech and Enventis recently got a big fiber boost with the acquisition of IdeaOne and its deep metro footprint in Fargo, ND.īroadsoft (NASDAQ: BSFT, news, filings) won a substantial software deal with the Canadian giant Rogers Communications. way the world acquires talent by delivering client-focused solutions that. I think we need to remind Cisco that not all abbreviations must start with UC. check the network settings 3 Check the user account being used to connect. The marketing firm’s streamlined data center infrastructure is now based off of the Unified Computing System (UCS), on which they have Unified Communications (UC) and Unified Contact Center (UCCX) applications running. (GTT) GTT jumped on the acquisition trail this week, announcing an agreement.
In the Upper Midwest, HickoryTech’s Enventis division says it has deployed a scalable suite of Cisco gear for Young America in Edina, Minnesota. GTT acquires Hibernia Networks for 590M, adds global fiber, low-latency routes to portfolio. Bandwidth and inetwork are, for their part, definitely looking to raise their profile in the VoIP sector this year with a growing toolbox aimed at serving cloud-based communications providers. GTT acquires numerous businesses during the next few years to expand the. Only one of those occurred, but Lightyear is still out there and has been steadily improving its operations. It is recognized as one of the largest global Tier 1 IP network companies in. Kentucky-based Lightyear made noise a couple years back by going public and promising a string of small CLEC acquisitions. Lyns is moving its E911 business to inetwork, the wholesale division of which derives most of its E911 heritage from the acquisition of dash Carrier Services last February. Time to catch up on some other noteworthy news from this week from inetwork, Enventis, Broadsoft, and Telco Systems:
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