Latest News
GTT Communications Forms UK, Europe Divisions Following Acquisition
Monday 06 August 2018

6 August 2018 - US-based cloud networking provider GTT Communications, Inc. (NYSE: GTT) has launched an updated division structure following the acquisition of fibre network and cloud networking platform provider Interoute, the company said.

GTT appointed Martin Ford as UK division president, with responsibility for clients in the UK and Ireland in addition to the Middle East, Africa and Asia-Pacific.

Ford previously served as GTT's EMEA division president. Prior to GTT, Ford held a range of leadership roles with Hibernia Networks and Level 3.

GTT announced Jesper Aagaard as Europe division president, with responsibility for clients in continental Europe. Aagaard was formerly managing director of Interoute in the Nordics and Netherlands.

Prior to Interoute, Aagaard was CEO of Comendo Network in Denmark.

The new division structure aligns with GTT's expanded presence in Europe following its May 31 acquisition of Interoute, one of the region's largest independent network operators.

GTT's divisions have responsibility for key functions driving organic growth and the client experience, including sales, quoting, ordering, service delivery, billing and overall client account management.
The new divisions complement the Americas division led by Eric Warren and the Carrier division led by Jeff Beer.

GTT owns and operates a global Tier 1 Internet network and provides a suite of cloud networking services to any location in the world.
Details
Date Published: 06/08/2018
Target: Interoute
Country: USA
Deal Size: 2.3bn (USD)
Sector: Telecommunications
Type: Corporate acquisition
Financing: Cash
Status: Closed
Vendor:
Buyer: GTT Communications
Buyer Advisor: Goodwin Procter
Comment:


Options