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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Mon., Feb. 8, 10:09 PM

Slide #3. GTT Communications, Inc. Telnes Broadband

Acquirer: GTT Communications, Inc. (NYSE:GTT)
Acquiree: Telnes Broadband
Details: GTT Communications, Inc. (NYSE:GTT), the leading global cloud networking provider to multinational clients, announced today the acquisition of Telnes Broadband, an Internet and managed services provider.

GTT Communications operates a Tier One Internet Protocol (IP) network connecting clients to locations and cloud applications around the world. Co. provides solutions, including private, public and hybrid cloud networking, high bandwidth IP transit for content delivery and hosting applications, on-demand and high-demand network capacity to support varying needs and network-to-network carrier interconnects. Co. provides three primary services to its customers - EtherCloud, its flexible Ethernet-based connectivity service; Internet Services, its higher bandwidth Internet connectivity services; and Managed Services.

GTT SEC Filing Email Alerts Service

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Company Name:  GTT Communications, Inc
Sector:  Application Software
Number of ETFs Holding GTT:  15
Total Market Value Held by ETFs:  $8.55M
Total Market Capitalization:  $486.00M
% of Market Cap. Held by ETFs:  1.76%

Open the GTT Page at The Online Investor (in a new window) »

February 8, 2016    10:09 PM Eastern
Quotes delayed 20 minutes

Strong Buy (4.00 out of 4)
94th percentile
(ranked higher than approx. 94% of all stocks covered)
Based on Zacks ABR data;
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