Just a few weeks shy of a year after taking out PacketExchange, gtlt has made its second acquisition of a tier-2 network operator. The operator has now bought Chicago-based nLayer Communications, according to an announcement this morning. Financial terms were not disclosed.
GTT seems to have made up its mind to go all-in in the IP transit and Ethernet space as part of its overall managed data service offerings. The nLayer assets will boost the company’s coverage and scale, both in the US and transatlantic. There is substantial overlap between the two, and the deal probably also removes a frequent competitor from the field. Here’s the two maps side by side.
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I have not really covered GTT too much up until now, but if they’re going to keep buying network operators that’s going to have to change!
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Categories: Internet Backbones · Mergers and Acquisitions
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3 years ago GTT ( then Global Internetworking) could not pay their bills. what a turn around.
As long as RAS is the CTO, than there’s nothing to worry about (network wise).
But for billing, sales, and support… I can’t say.
As a former GTT client I can say that there was no fun dealing with a lots of outages and poor support provided by NOC in UK…
This better not be Nlayer’s fate. They were one of the best.
RAS will continue to be the CTO. GTT will only get better from here.
I kind of feel bad for him then…
IP assets are the cheapest to buy. There is still a complete lack of true fiber and zero last mile fiber in GTT’s inventory. GTT is 100% dependent on the traditional fiber operators. GTT’s future, as in the past, is tied to its ability to continue down the inorganic path and rely on a few key sales individuals to bring in their traditional one off circuit wins. The financials are nothing to get excited about.