{"id":32570,"date":"2014-10-02T06:55:14","date_gmt":"2014-10-02T10:55:14","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=32570"},"modified":"2014-10-02T06:55:14","modified_gmt":"2014-10-02T10:55:14","slug":"gtt-communications-inc-nysemktgtt-acquires-unsi-in-40-million","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/gtt-communications-inc-nysemktgtt-acquires-unsi-in-40-million-32570","title":{"rendered":"GTT Communications Inc (NYSEMKT:GTT) Acquires UNSi in $40 million"},"content":{"rendered":"<p style=\"text-align: justify;\">Boston, MA 10\/02\/2014 (wallstreetpr) \u2013\u00a0According to reports, <strong>GTT Communications Inc (NYSEMKT:GTT)<\/strong> has decided to <a href=\"http:\/\/www.gtt.net\/news\/article\/gtt-acquires-unsi\" target=\"_blank\">acquire<\/a> UNSi for a total sum of $40 million. It is one of the few steps that GTT has been taking for last some time in order to increase its market share. GTT is a global market leader in the field of cloud networking solutions. It mainly provides services to large corporate houses and multinational enterprises. UNSi is also a communication solution providing company and known for offering top-notched data services to large sized carrier clients and enterprises.<\/p>\n<p style=\"text-align: justify;\"><strong>Insights of the acquisition deal: <\/strong><\/p>\n<p style=\"text-align: justify;\">UNSi is a fast growing communications company and currently generating around $55 million annualized revenues. It delivers top-notched MPLS wide-area-network &amp; Ethernet solutions, broad range of managed services and Internet services to more than 2000 large enterprise clients within US. It has an excellent track record in terms of customer service and diversified offerings. The management of \u00a0GTT Communications Inc (NYSEMKT:GTT) is extremely delighted after this transaction. According to Rick Calder, CEO and President of GTT, this acquisition transaction will help GTT to expand its ubiquitous network connectivity in order to increase portfolio of networking solutions. Apart from technological solutions, it will also help the company to offer second to none servicing to all the customers.<\/p>\n<p style=\"text-align: justify;\">GTT Communications Inc (NYSEMKT:GTT)&#8217;s main focus has always been on serving its customers in an effective manner. It keeps adding people in back-office support, sales, network engineering, service delivery and operations teams from time to time in order to offer excellent services to its clients. It always believes that excellent client servicing and top notched product quality can keep clients happy and satisfied and ultimately turn into huge revenues and profit figures. It has an objective of making $400 million in revenues and $100 million in adjusted EBITDA in near future. The current acquisition transaction will push it closer to its objective.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 10\/02\/2014 (wallstreetpr) \u2013\u00a0According to reports, GTT Communications Inc (NYSEMKT:GTT) has decided to acquire UNSi for a total sum of $40 million. It is [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":5188,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236],"tags":[5658,5661,10008],"stock_ticker":[],"class_list":["post-32570","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-gtt-communications-inc-nysemktgtt","tag-nysemktgtt","tag-rick-calder","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GTT Communications Inc (NYSEMKT:GTT) Acquires UNSi in $40 million - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/gtt-communications-inc-nysemktgtt-acquires-unsi-in-40-million-32570\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GTT Communications Inc (NYSEMKT:GTT) Acquires UNSi in $40 million - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"Boston, MA 10\/02\/2014 (wallstreetpr) \u2013\u00a0According to reports, GTT Communications Inc (NYSEMKT:GTT) has decided to acquire UNSi for a total sum of $40 million. 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