For more information on how GTT is redefining global communications, please visit Forward-Looking Statements GTT delivers an outstanding client experience by living its core values of simplicity, speed and agility. The company’s Tier 1 IP network, ranked in the top five worldwide, connects clients to any location in the world and any application in the cloud. GTT provides multinationals with a better way to reach the cloud through its suite of cloud networking services, including wide area networking, Internet, managed services and voice services. GTT expects to complete the integration of Hibernia Networks within two to three quarters after closing. Key relationships with marquee clients, specifically within the financial services, media and entertainment, web-centric and service provider segments.Optical and low latency transport, video and CDN services.New global points of presence, expanding GTT’s Tier 1 IP network to over 300 in total.Five subsea cables, including Hibernia Express, the lowest latency transatlantic cable system, and eight cable landing stations.
The acquisition delivers the following assets: Our clients will also benefit from a team with deep technical expertise and a proven track record of delivering exceptional client service.” “The transaction expands GTT’s top five global IP network, adds products to our cloud networking portfolio and provides a strong recurring revenue base via established relationships with multinational clients. “The addition of Hibernia Networks advances GTT’s growth strategy,” stated Rick Calder, GTT president and CEO. (NYSE: GTT), the leading global cloud networking provider to multinational clients, announced today the completion of its acquisition of Hibernia Networks, a leading provider of global, high-speed network connectivity solutions and owner of terrestrial and subsea fiber assets. Environmental, Social & Governance (ESG).NLDC continues to deliver data center services to KPN as a preferred supplier. It operates a portfolio of six data centers, of which three in the Amsterdam area and three regional ‘Internet hotspots’ in Eindhoven, Rotterdam and Groningen. NLDC is one of the largest colocation providers in the Netherlands. The announcement follows the news of KPN selling its data center subsidiary NLDCto a private equity fund managed by DWS – a global infrastructure investment manager. The acquisition of KPNInternational by GTTis expected to be completed in the third quarter of 2019, subject to regulatory approvals. Complement GTT’s extensive portfolio of cloud network services, with comparable transport, infrastructure, Internet and WAN services of the highest level.Help contribute to GTT’s global sales, its operations and customer service organization.GTT would become the preferred supplier of international networks for another 400 customers retained by KPN. Adds more than 400 new strategic companies and clients.This would improve GTT’s global Tier 1 IP network in 21 countries in Europe, including long-distance fiber connections and metro rings in Amsterdam, London, Paris and Frankfurt. Increase the scale and reach of their network.GTTowns and operates a global Tier 1 Internet network and provides customers around the world with a comprehensive range of cloud network services.”With the acquisition of KPN International, we are strengthening our European market share,” said Rick Calder, President and CEO of GTT.“This acquisition brings us new opportunities at a top level, thanks to a highly experienced team, international networking opportunities and an extensive portfolio of multinational customers.This will enable us to deliver even better on our promise to connect people within organizations around the world to each other and to every application in the cloud.”Īccording to GTT, the acquisition of KPN International will: “With the acquisition of KPN International, we are strengthening our European market share,” said Rick Calder, President and CEO of GTT. Koninklijke KPN serves both business customers and consumers in the field of fixed and mobile networks for telephony, Internet and television. KPN International is part of Koninklijke KPN, a Dutch market leader in telecommunications and IT solutions.
KPN International provides its services to customers of all sizes, worldwide.
KPN International is a telecommunications and IT provider that serves both Dutch and international customers with its connectivity solutions.
Part of listed telecommunications company KPN, their business unit KPN International operates a global IP network for enterprise and carrier customers. GTT (NYSE: GTT), a global cloud networking provider to multinational clients, has announced its acquisition of KPN International for approximately €50 million in cash.