| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
57 |
| Employees |
3,000 |
| Revenues (TTM) (Millions $) |
1,702 |
| Net Income (TTM) (Millions $) |
-162 |
| Cash Flow (TTM) (Millions $) |
51 |
| Capital Exp. (TTM) (Millions $) |
92 |
Business Description
GTT Communications Inc is a global telecommunications service provider that specializes in cloud networking services, internet services, and wide-area network (WAN) services. Founded in 1998, GTT Communications has evolved to become one of the largest Tier 1 internet backbones and network solutions providers in the world.
The company provides a variety of services to its customers, including managed security services, cloud connectivity, internet and transport services, SD-WAN services, and voice services. GTT Communications caters to a wide range of industries, including healthcare, education, financial services, government, and technology.
One of GTT Communications' major strengths is its extensive global network. The company has over 600 points of presence (PoPs) in over 200 cities around the world, with a fiber-optic network backbone that spans across North America, Europe, Asia, and the Middle East. This allows GTT Communications to provide reliable and high-speed connectivity services across the globe.
GTT Communications also operates a cloud networking platform called SD-WAN that provides customers with secure and scalable network connectivity across multiple locations. The platform enables customers to optimize bandwidth, reroute traffic during network congestion, and reduce costs.
In 2020, GTT Communications announced that it had entered into a definitive agreement to sell its infrastructure division to I Squared Capital, a global infrastructure investment firm. The sale marked a strategic shift for the company, as it sought to focus on its cloud networking and managed services businesses.
Overall, GTT Communications is a well-established and reputable telecommunications service provider that continues to be a leader in its industry. With its strong global network, innovative technology platform, and commitment to customer service, the company is well-positioned to meet the evolving needs of its customers in the years to come.
Company Address: 7900 Tysons One Place McLean 22102 VA
Company Phone Number: 442-5500 Stock Exchange / Ticker: NYSE GTT
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