GTT Communications history
GTT Communications company history timeline
In 1998, telecom services integrator Global Internetworking Inc. was founded in McLean, Virginia.
In December 2009, GTT acquired Denver-based WBS Connect in a stock and cash transaction, shifting its business model to a network operator providing IP transit and Ethernet services.
In June 2011 GTT acquired PacketExchange, a privately held UK company and operator of a global IP backbone, for $20 million in cash.
In May 2012 GTT acquired nLayer Communications, a privately held global IP backbone, for $18 million.
In April 2013 GTT acquired the Tier 1 IP network, Tinet (formerly Tiscali International Network), from Inteliquent for $54.5 million in cash and services, resulting in Tier 1 status for GTT's global IP network.
In June 2013 GTT was listed on the New York Stock Exchange, under the symbol GTT.
On January 14, 2014, GTT officially changed its name to GTT Communications, Inc.
In February 2014, GTT announced opening a new office in Hong Kong's Central District, bringing its total to 9 offices in 6 countries.
In October 2014, GTT announced it had closed the acquisition of UNSi, a communications company providing data services to large enterprise and carrier clients.
On October 22, 2015, GTT acquired One Source Networks (OSN), a provider of data, Internet, Session Initiation Protocol (SIP) trunking and managed services.
On February 9, 2016, GTT acquired Telnes Broadband for $18 million.
On October 7, 2016, GTT announced the award of Government Services Administrations (GSA) IT Schedule 70 Contract.
On January 9, 2017, GTT completed the acquisition of Hibernia Networks for $590 million.
In January 2018, GTT announced the acquisition of Custom Connect, an Amsterdam-headquartered provider of high speed network connectivity for multinational enterprises and financial services firms.
On December 2, 2019 GTT completed its acquisition of KPN International, a division of Netherlands-based telecommunications company KPN N.V., operating a global IP network serving enterprise and carrier clients.
On August 2, 2021, The New York Stock Exchange delisted GTT Communications' shares after it failed to file its quarterly and annual results.
On December 16, 2021, the United States Bankruptcy Court for the Southern District of New York approved GTT’s Prepackaged Chapter 11 bankruptcy plan.
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| Company Name | Founded Date | Revenue | Employee Size | Job Openings |
|---|---|---|---|---|
| SmartSky Networks | 2011 | $150.0M | 105 | 1 |
| Cogent Communications | 1999 | $599.6M | 978 | 126 |
| Global Telesourcing | 2003 | $130.0M | 400 | - |
| Southern New England Telephone Company | 1878 | $350.0M | 2,700 | - |
| Telephone network | - | $72.1M | 500 | - |
| Fairpoint Communications | 1991 | $824.4M | 3,300 | 9 |
| A-CTI | - | - | 176 | - |
| Centel | 1900 | $217.4M | 57 | - |
| Great Plains Communications | 1910 | $80.0M | 207 | 9 |
| General Communication | 1979 | $921.4M | 2,200 | 53 |
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GTT Communications may also be known as or be related to GTT COMMUNICATIONS INC., GTT Communications, GTT Communications Inc, GTT Communications, Inc., Gtt and Gtt Communications Inc.