GTT to Acquire One Source Networks
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GTT Communications (GTT) to Acquire One Source Networks in $175M Cash, Stock Deal
September 15, 2015 6:01 AM EDTGTT Communications (NYSE: GTT) entered a definitive agreement to acquire One Source Networks (OSN), a provider of global data, Internet, Session Initiation Protocol (SIP) trunking and managed services to Fortune 1000 companies.
This combination:
Extends GTTs worldwide network reach through the addition of new points-of-presence.Expands GTTs cloud networking services, including SIP trunking and other enterprise Voice over IP (VoIP) services.Increases GTTs multinational client base and adds deep talent to its sales force.Under the terms of the agreement, GTT will pay $175 million for the acquisition,... More
