Credit Suisse
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Inflation is hitting AT&T, the company’s CFO told a financial conference yesterday.
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In its first public statement for months, GTT has confirmed the names of the bidders for its infrastructure division – and adds that the sum involved is US$2.15 billion.
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GTT Communications is weeks away from selling its infrastructure division, including the units that were formerly known as Interoute and Hibernia Networks.
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GTT will become a capex-light, asset-light managed services company once the infrastructure division is sold, according to CEO Rick Calder.
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GTT Communications has instructed Credit Suisse and Goldman Sachs as its financial advisors for the potential sale of its infrastructure division.
Forthcoming events
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Capacity Middle East 2024
Capacity Middle East is the largest carrier meeting for the Middle Eastern region, uniting the region’s key ICT players. -