Welcome to our dedicated page for GTTN news (Ticker: GTTN), a resource for investors and traders seeking the latest updates and insights on GTTN stock.
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GTT Communications has launched a new centralized platform utilizing Neustar Universal Order Connect to enhance automation in its Access Services Request (ASR) order management. This API-driven system aims to streamline ticket resolution and improve order processing speed by up to five times for enterprise customers. The platform reduces manual tasks, customizes order formats, and enhances order accuracy for improved customer service. GTT connects clients with a global network of access service providers, ensuring efficient and reliable connectivity.
GTT Communications (OTC: GTTN) has partnered with RSG Group España, a prominent fitness company, to implement GTT Managed SD-WAN across its headquarters and 40 gyms in Spain. This collaboration aims to enhance the digital experience for members and staff by providing secure, high-performance networking solutions. GTT's SD-WAN will facilitate better traffic management, real-time performance, and centralized network control, ensuring agility and uptime for RSG as it expands its fitness services. This partnership is a significant step in GTT's strategy to support digital transformation in client businesses.
GTT Communications (OTC: GTTN) is set to finalize the sale of its infrastructure division to I Squared Capital, expected within weeks. This sale aims to reduce GTT's debt by approximately $2.8 billion and support a prepackaged Chapter 11 bankruptcy filing in the U.S. The restructuring plan allows business operations to continue without interruption, ensuring that vendors and employees are compensated as usual. GTT intends to use proceeds from the sale to enhance liquidity and maintain operations globally while working with stakeholders to improve its financial health.
