October 16 - 15:10
GTT Communications to sell infrastructure division for $2.15 billion
GTT Communications has agreed a $2.15bn package to sell its infrastructure division for I Squared Capital. According to Telecompaper, GTT is selling a 103,000 route km fibre network with over 400 points of presence across Europe and North America; three transatlantic subsea cables, including GTT Express between Europe and North America, 14 tier 3 data centres and over 100 colocation facilities.
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