GTT acquires UNSi

GTT Communications has completed the $40-million acquisition of data service provider UNSi.

The acquisition is said to extend GTT’s network connectivity and expand its portfolio of cloud services. UNSi offers Ethernet and MPLS WAN solutions as well as internet and managed services to more than 2,000 enterprise customers in the US. It is said to operate at an approximate $55 million annualised revenue run rate.

“We are adding a great team of employees throughout sales, service delivery, network engineering, operations and back-office support to ensure we deliver for our growing client base with simplicity, speed and agility,” said Rick Calder, president and CEO at GTT.

In May 2013, GTT also acquired Intelliquent’s global data services business.

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