GTT to Acquire One Source Networks
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/11/2026
- Wall St set to gain on tech rebound, Middle East in focus
- Oracle results beat estimates, but shares fall on plans for $40 billion raise
- Oil drops as Trump cancels planned strikes against Iran
- Intel rallies as BofA double-upgrades stock on increased CPU, foundry visibility
- Oppenheimer sees little strategic case for Tesla-SpaceX merger
- Needham Starts Hyliion Holdings (HYLN) at Buy
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Alibaba falls on China AI capex report; Citi says selloff is premature
- Crude Inventory Fell 7.2 Million Barrels Last Week, Says EIA
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
