GTT Selects Credit Suisse and Goldman Sachs as Financial Advisors for Sale of Infrastructure Division
November 26 2019 - 8:00AM
Business Wire
GTT Communications, Inc. (NYSE: GTT), a leading global cloud
networking provider to multinational clients, announced today that
it selected Credit Suisse and Goldman Sachs to act as financial
advisors to the company in connection with the potential sale of
the Infrastructure Division, which includes the company’s highly
differentiated terrestrial pan-European fiber network, subsea
transatlantic fiber and data center infrastructure that were part
of the Interoute and Hibernia acquisitions.
“The appointment of Credit Suisse and Goldman Sachs is an
important step in our process to explore the sale of our
Infrastructure Division,” stated Rick Calder, GTT president and
CEO. “This potential divestiture in no way alters the execution of
GTT’s core strategy of providing cloud networking services to large
and multinational clients as we deliver on our purpose of
connecting people to any location in the world and to every
application in the cloud.”
About GTT
GTT connects people across organizations, around the world and
to every application in the cloud. Our clients benefit from an
outstanding service experience built on our core values of
simplicity, speed and agility. GTT owns and operates a global Tier
1 internet network and provides a comprehensive suite of cloud
networking services. For more information on GTT (NYSE: GTT),
please visit www.gtt.net.
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version on businesswire.com: https://www.businesswire.com/news/home/20191126005280/en/
GTT Investor Relations: Carolyn Capaccio/Jody Burfening,
LHA +1-212-838-3777 ccapaccio@lhai.com
GTT Media Inquiries: Marion Janic, RooneyPartners
+1-212-223-4017 mjanic@rooneyco.com
Bob Cavosi, RooneyPartners +1-646-638-9891
rcavosi@rooneyco.com
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