KPN Sells International Unit to GTT | Light Reading

Today, Royal KPN N.V. (“KPN”) announced that it has reached agreement to sell its international network to GTT Communications, Inc. (‘GTT’), a global cloud networking provider to multinational clients and operator of a Tier 1 IP network, for approximately € 50 million on a cash and debt-free basis (enterprise value). The transaction includes the sale of international fiber assets and network points of presence (POPs) in 21 countries.

Source: KPN Sells International Unit to GTT | Light Reading