1. GTT purchases nLayer Communications to enhance its IP/MPLS footprint

    FierceTelecom (May 2 2012)

    1. GTT purchases nLayer Communications to enhance its IP/MPLS footprint

      Global Telecom & Technology Inc. (OTC BB: GTLT), one of the original Virtual Network Operators (VNO), is bolstering its global network footprint by acquiring privately-held nLayer Communications. While neither company revealed the dollar amount of the deal, the key asset that McLean, Va.-based GTT gains here is nLayer's IP/MPLS network, which reaches into 24 major metro domestic and international markets, including in North America, Europe and Asia. When combined, the new company will be able to provide a wider range of products and services, including cloud, Ethernet and IP Transit. Rick Calder, president and chief executive officer of ...

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