GTT Communications, Inc. (NYSE: GTT), the leading global cloud
networking provider to multinational clients, announced today that GTT
is ranked on Deloitte’s Technology Fast 500™ as one of the fastest
growing technology companies in North America.
“GTT is proud that Deloitte has ranked us as one of the fastest growing
technology companies in North America,” said Rick Calder, GTT President
and CEO. “Our strong growth is driven by the successful execution of our
strategy, to provide ubiquitous network connectivity worldwide, expand
our cloud networking services to multinational clients and deliver
outstanding client experience.”
“The companies ranked on the 2014 Deloitte Technology Fast 500 continue
to set the bar for their industry higher each year,” said Eric Openshaw,
vice chairman, Deloitte LLP and U.S. technology, media and
telecommunications leader. “There are so many exciting products and
smart thought leaders driving this list. We congratulate the Fast 500
companies and look forward to seeing them continue their momentum into
2015.”
The Deloitte Fast 500™ rankings are based on the percentage
fiscal year revenue growth from 2009 to 2013.
“GTT reported revenue of $157 million in 2013, reflecting a growth rate
of 145% since 2009,” said Michael Bauer, GTT’s Chief Financial Officer.
“For the last quarter ended September 30, 2014, GTT’s annualized revenue
run rate grew to $197 million. GTT’s next financial objective is $400
million in revenue and $100 million in adjusted EBITDA.”
About GTT
GTT operates a global Tier 1 IP network connecting to any location in
the world and with any application in the cloud. Our cloud networking
services provide a better way for multinational clients to embrace the
cloud. Our clients trust us to deliver solutions with simplicity, speed
and agility so they can compete effectively in the global economy. For
more information, visit www.gtt.net.
Copyright Business Wire 2014