INCOMPAS Fall 2017 - Day 2 Show Daily
www. INCOMPAS .org « 1 3 » www.bekabusinessmedia.com DAY 2 GTT Acquires Transbeam G TT Communications (Silver Sponsor) has bought Transbeam, a provider of managed data and voice services, for $28 million in cash. The deal adds U.S. clients in the hospitality, entertainment and retail segments to GTT’s base, and expands its network footprint throughout the North- east Corridor. The buy also augments GTT’s managed SD-WAN service with broadband, wireless and Ethernet over copper capabilities, dovetailing with the assets gained through its recent acquisi- tion of Global Capacity. “The acquisition of Transbeam contrib- utes highly complementary and cost- effective access services that enhance GTT’s leadership in managed hybrid networking,” said Rick Calder, GTT presi- dent and CEO. “Transbeam’s clients will have access to a comprehensive suite of cloud networking services, expansive reach to any location in the world and any application in the cloud, and our commitment to delivering an outstanding client experience by living our core values of simplicity, speed and agility.” Marc Sellouk, founder and CEO of Transbeam, added: “This transac- tion delivers substantial benefits to our combined companies. GTT gains diverse network capabilities in the Northeast and a set of marquee clients. We thank our employees for their outstanding service and our clients for their ongoing loyalty. We look forward to a seamless integra- tion with GTT over the coming months.” The acquisition is expected to generate a post-synergy adjusted EBITDA of 5x or lower, with integration and cost synergies to be achieved within two quarters after close, GTT said. p Are gaps in your footprint the elephant in the room? At Sunesys, we’ve got you covered with our ever- expanding network of 29,000 route miles of fiber in major metropolitan markets across the U.S. Whether it’s to support your metro area network, wireless backhaul, or transport needs, we offer the scale and reach of a top provider coupled with the partnership of committed experts. The result is more than a network, it’s a dedicated connection. Ethernet | Private Wavelengths | Dark Fiber | Internet tel 888.35.FIBER | web sunesys.com WE’VE GOT YOU COVERED. Ad Index ADVERTISER PAGE FIRSTLIGHT 2 GRANITE TELECOMMUNICATIONS, LLC 5 KADENCE 15 MAMMOTH NETWORKS 10 RITTER COMMUNICATIONS 11 Sunesys 13 SRP TELECOM 16 TIMELYBILL 3 THERMO CREDIT, LLC 9 Televergence SOLUTIONS, INC. 7 WAVE WHOLESALE 1
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