GTT Buys IDC Global, Moves Into Cloud Services

Telecom Ramblings (Feb 5 2013) Cloud , IDC

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   GTT made another inorganic move yesterday with the announcement that it has acquired Chicago’s IDC Global. Over the last few years, GTT has been busy transforming itself from a reseller into a network provider in its own right. The purchases of PacketExchange and nLayer gave them an IP/MPLS/Ethernet backbone, and they’ve been spending some capex to expand that footprint further in recent quarters.

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