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GTT Communications
GTT Communications, Inc. (GTT), formerly Global Telecom and Technology, is a multinational telecommunications and internet service provider company with headquarters in McLean, Virginia, and incorporated in Delaware. GTT operates a Tier 1 IP network, and provides Internet; wide area networking, SD-WAN; security, managed services; and voice and video transport services. History 1998–2006 In 1998, telecom services integrator Global Internetworking Inc. was founded in McLean, Virginia. That same year, European Telecom and Technology was founded in London. In April 2005, Mercator Partners, a special purpose acquisition company bought both Global Internetworking Inc. and European Telecommunications & Technology in 2006, merging the two companies' operations and renaming it Global Telecom & Technology, Inc. (GTT). 2006–2020 In December 2009, GTT acquired Denver-based WBS Connect in a stock and cash transaction, shifting its business model to a network operator providing IP tr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Special-purpose Acquisition Company
A special purpose acquisition company (SPAC; ), also known as a "blank check company", is a shell corporation listed on a stock exchange with the purpose of acquiring a private company, thus making it public without going through the traditional initial public offering process and the associated regulations thereof. According to the U.S. Securities and Exchange Commission (SEC), SPACs are created specifically to pool funds to finance a future merger or acquisition opportunity within a set timeframe; these opportunities usually have yet to be identified while raising funds. In the United States, SPACs are registered with the SEC and considered publicly-traded companies; the general public may buy their shares on stock exchanges before any merger or acquisition takes place. For this reason they have at times been referred to as the "poor man's private equity funds". The majority of companies pursuing SPACs do so on the Nasdaq or New York Stock Exchange in the United States, alth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chapter 11 Bankruptcy
Chapter 11 of the United States Bankruptcy Code ( Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
I Squared Capital
I Squared Capital is a private equity firm focusing on global infrastructure investments. The company invests in energy, utilities, transport and telecom projects in North America, Europe and select high growth economies, such as India and China. History Founded in 2012 and headquartered in Miami, the firm has offices in Hong Kong, Houston, London, New Delhi, New York and Singapore. Several of its executives were previously senior executives at Morgan Stanley, including Sadek Wahba, Adil Rahmathulla,and Gautam Bhandari. In September 2018, I Squared Capital announced the closing of its ISQ Global Infrastructure Fund II at the US$7 billion legal cap, exceeding an initial target for the fund of US$5 billion. The fund received commitments from over 100 institutional investors with oversubscribed demand and a re-up rate over 80 percent from Fund I. Investments The firm has made investments in the U.S. hydroelectric power industry, in China's waste water treatment industry, and i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cary, NC
Cary is a town in Wake and Chatham counties in the U.S. state of North Carolina and is part of the Raleigh–Cary, NC Metropolitan Statistical Area. According to the 2020 Census, its population was 174,721, making it the seventh largest municipality in North Carolina, and the 148th largest in the United States. In 2021, the town's population had increased to 176,987. Cary began as a railroad village and became known as an educational center in the late 19th and early 20th centuries.Kelly Lally Molloy (December 2000).Cary Historic District (pdf). ''National Register of Historic Places - Nomination and Inventory''. North Carolina State Historic Preservation Office. Retrieved June 1, 2015. In April 1907, Cary High School became the first state-funded public high school in North Carolina. The creation of the nearby Research Triangle Park in 1959 resulted in Cary's population doubling in a few years, tripling in the 1970s, and doubling in both the 1980s and 1990s. Cary is now th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Interoute
Interoute Communications Ltd was a privately held telecommunications company that operated large cloud service platforms in Europe. On 23 February 2018, Interoute was acquired by GTT Communications for $2.3bn (€1.9bn); and the acquisition closed on 31 May 2018. Operations Interoute's network was the largest privately owned Europe-wide IP clouds as of 2009, before its acquisition by GTT Communications. Interoute had ten subsea landing stations ringing the edge of Europe, which acted as the landing point for a number of submarine cable systems, as well as providing the European link to the SEACOM cable connecting East and South Africa to Europe. Mediterranean operators Tunisie Telecom, Malta's GO and Greece's OTE link directly to the Interoute network in Italy. History Interoute was founded in 1995 and restructured into its current form amidst the collapse of the telecommunications sector. Four weeks after its holding company i-21 Holdings Ltd., went into administration, In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Global Capacity
Global Capacity is a Waltham, Massachusetts-based provider of telecommunications Connectivity-as-a-Service including Carrier Ethernet, used by companies for Internet access and WAN connectivity. Network services are offered using the company's ''One Marketplace'' hub, which aggregates the access and pricing information for broadband telecommunications services, including MPLS VPN, Ethernet over copper and Digital Subscriber Line (DSL). The company buys and combines multiple high-speed network connections and then resells multiple lower-speed connections to customers. The company also manages and updates ''LATTIS'', a proprietary database of telecom pricing information. On June 26, 2017 GTT Communications announced it was acquiring Global Capacity for $100 million and 1.85 million shares of GTT common stock. History Global Capacity, originally known as Global Capacity Group, was founded in Houston, Texas in 2000, as a wholesale broadband trading company. The two founders ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hibernia Networks
Hibernia Networks, alternately known as Hibernia Atlantic, was a privately held, US-owned provider of telecommunication services. It operated global network routes on self-healing rings in North America, Europe and Asia including submarine communications cable systems in the North Atlantic Ocean which connected Canada, the United States, the Republic of Ireland, the United Kingdom and mainland Europe. Hibernia managed cable landing stations in Dublin, Republic of Ireland; Coleraine, Northern Ireland; Southport, England; Halifax, Canada; Lynn, Massachusetts, United States. Hibernia's network provided service, from 2.5 Gbit/s to 100 Gbit/s wavelengths and Ethernet from 10 Mbit/s to 100 Gbit/s. It also provided traditional SONET/SDH services. In January 2017, the company was acquired and absorbed into GTT Communications, Inc. It was previously a subsidiary of Columbia Ventures Corporation (CVC) and was owned by both CVC and Constellation Ventures Partners. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MegaPath
MegaPath was a business telecommunications company. In 2018, MegaPath was acquired by cloud service provider Fusion Connect for $71.5 million. Founded in 1996, it provides a voice, unified communications, internet access, Managed Security Services, and cloud computing services to carrier and service-provider businesses in the United States. The company was headquartered in Pleasanton, California. In 2010, MegaPath acquired the voice communications specialists Speakeasy and the network provider Covad, which they merged with their existing portfolio of MPLS and managed services to form a single company. In 2015, the company sold its wholesale division, along with a portion of its managed services business to Global Capacity, and announced plans to focus resources and investments more heavily on the high-growth cloud and unified communications markets. History The company was founded in 1996. Over the next several years the company made acquisitions of other vendors: Phoenix ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hong Kong
Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China (abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta in South China. With 7.5 million residents of various nationalities in a territory, Hong Kong is one of the most densely populated places in the world. Hong Kong is also a major global financial centre and one of the most developed cities in the world. Hong Kong was established as a colony of the British Empire after the Qing Empire ceded Hong Kong Island from Xin'an County at the end of the First Opium War in 1841 then again in 1842.. The colony expanded to the Kowloon Peninsula in 1860 after the Second Opium War and was further extended when Britain obtained a 99-year lease of the New Territories in 1898... British Hong Kong was occupied by Imperial Japan from 1941 to 1945 during World War II; British administration resumed after th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$30.1 trillion as of February 2018. The average daily trading value was approximately 169 billion in 2013. The NYSE trading floor is at the New York Stock Exchange Building on 11 Wall Street and 18 Broad Street and is a National Historic Landmark. An additional trading room, at 30 Broad Street, was closed in February 2007. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists (). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with Euronext. History The earliest recorded organization of securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement. Previously, sec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Inteliquent
Inteliquent is a communications enabler offering network-based voice and messaging services to wireless, cable, carriers and communication service providers. The products of Inteliquent include voice, toll-free, messaging, and emergency services. Inteliquent is privately held by GTCR and is headquartered in Chicago, Illinois. History In 2003, Inteliquent created the first independent tandem network - a "network of networks" uniquely interconnecting disparate carrier networks to facilitate the exchange of traffic. This network greatly streamlined the way wireless, cable, CLEC and broadband telephony companies routed local transit traffic between one another, and formed the foundation for later interconnection service arrangements. * 1997 - MEANS and MRNet became Onvoy, Inc. * 2001 - Neutral Tandem was incorporated. * 2003 - Neutral Tandem's first location opened at 2 North LaSalle Street in Chicago. * 2004 - Neutral Tandem acquired Origin Communications. * 2006 - Completed the in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
