Data Center News

Read GTT is considering Bankruptcy threatening the $2.15 billion sale to Interoute
GTT is considering Bankruptcy threatening the $2.15 billion sale to Interoute

GTT is considering Bankruptcy threatening the $2.15 billion sale to Interoute

February 19, 2021 EXA Infrastructure

It is being reported that GTT Communications is considering bankruptcy. A potential bankruptcy would interrupt the infrastructure sale (which was primarily the former Interoute, KPN and Hibernia) for $2.15 billion. We will be watching closely as the story develops.Additional Information:...

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Read GTT sells Infrastructure Division for $2.15 Billion (Hibernia, KPN, Interoute)
GTT sells Infrastructure Division for $2.15 Billion (Hibernia, KPN, Interoute)

GTT sells Infrastructure Division for $2.15 Billion (Hibernia, KPN, Interoute)

October 16, 2020 EXA Infrastructure

GTT has announced that it has signed an agreement to sell its Infrastructure division to I Squared Capital (ISQ) for $2.15 billion. GTT signaled plans to sell the infrastructure business last fall when it hired Credit Suisse Group and Goldman Sachs as financial advisors. It's expected that ISQ...

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