What does GTT Chapter 11 filing mean for businesses (podcast) – Insolvency / Bankruptcy / Restructuring

United States: What does GTT’s Chapter 11 filing mean for businesses (podcast)

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According to sources, GTT Communications is heading towards Chapter 11 bankruptcy. The filing should take place once GTT sells its European and transoceanic fiber activity with I-Squared Capital. Filing for bankruptcy could be a bad thing for companies or – by eliminating nearly $ 3 billion in debt – GTT could be able to refocus its business and deliver the kind of transformational technology and services that companies have. need.

In this 8-minute podcast, Jack deal, one of the general managers of TC2, and Joe schmidt find out how GTT got into this role and offer some advice to current and future GTT customers.

Originally posted September 13, 2021

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