Category Archives: Telecommunication Trends
McLean, VA, April 10, 2017 — GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, will present at the William Blair Technology Conference taking place in Boston on April 12, 2017. Mike Sicoli, chief financial officer, will meet with investors that day.
Over the last several years, tech industry pundits have been predicting that the Internet of Things (IoT) will take over the transportation industry. It’s always been a matter of when, not if, this will happen.
Just recently, the New Hampshire Department of Transportation (NHDOT) selected two companies — Tilson and Mobility Tech — to manage the design and build of an Intelligent Transportation Systems (ITS) project along the F.E. Everett Turnpike.
In today’s fast-paced digital environment, high-volume data and applications must flow seamlessly and securely between global financial markets, media hubs, data centers and service provider networks. Optical transport — with its highly scalable bandwidth and low latency connectivity — is a critical enabling element.
Businesses can obtain optical transport services by working with companies like GTT Communications, Inc., a leading global cloud networking provider to multinational clients. GTT recently launched its new Optical Transport service, leveraging the company’s subsea and terrestrial fiber-optic network that is optimized for latency performance.
It looks like 2017 will be another big year for mergers and acquisitions in the telecommunications industry. According to Moody’s Investors Service, M&A activity among telecommunications companies will continue as businesses enhance their compete levels and increase market share. As often happens, there is a changing of the guard when a company is acquired by a well-capitalized purchaser.
This week, for example, Xtera, a subsea fiber optic solutions provider that was recently acquired by H.I.G. Capital, announced the establishment of a new leadership team to advance the organization’s internal governance.
Telecommunications providers today must navigate an ever-shifting sea of customer demands, economic conditions and regulatory policies. Survival is impossible without a thorough understanding of the major changes that are happening across the industry.