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.
Originally posted September 13, 2021
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