Global Telecom & Technology Enters Strategic Agreement With Fiber Provider INDATELgroup To Bring
National and International Connectivity
To Underserved U.S. Rural Markets
MCLEAN, Va., April 3, 2008 – Global Telecom & Technology, Inc. (“GTT”), (OTCBB: GTLT), a global Multi-Network Operator (MNO), announced today that it has entered a strategic agreement with INDATELgroup to provide bandwidth solutions to multiple underserved rural markets across America.
The agreement enables GTT to extend its global network reach into the heartland of America, providing national and international connectivity to numerous strategic rural markets. The partnership also allows INDATELgroup to purchase GTT’s connectivity solutions in locations outside of their current 23-state fiber footprint. With over 100,000 Points of Presence (POPs) in its multi-network footprint, GTT will offer INDATELgroup its full breadth of WAN solutions and services.
“This agreement reinforces the value proposition of our Multi-Network Operator strategy,” said Richard D. Calder, Jr., GTT’s president and CEO. “GTT’s mission is to provide multi-carrier or multi-service bandwidth solutions to customers around the globe, in ways that no single facilities-based carrier can. By combining the power of GTT’s global network reach with INDATELgroup’s strategic rural fiber footprint, we can offer a breadth of viable network alternatives to our customers.”
INDATELgroup president Max Huffman said "We couldn't be more pleased
with our partnership with GTT. This agreement will enable INDATELgroup-member
companies to offer their customers network solutions beyond traditional state
boundaries - into markets across the U.S., and around the world.”
About GTT
Global Telecom & Technology, Inc. is a new type of service provider --
a Multi-Network Operator. GTT designs solutions based on its customer’s
requirements, using a combination of multiple telecommunications networks and
technologies. Unlike traditional network centric carriers, GTT provides best-of-breed
solutions by procuring, integrating and managing components of these various
networks on its customers’ behalf. GTT has taken the inherent advantages
of the Multi-Network Operator approach to a new level through a combination
of powerful network design and pricing tools; a global service footprint; a
deep and broad set of strategic vendor relationships; and above all, an expert
team committed to delivering outstanding end-to-end customer service. Headquartered
in McLean, Virginia and with offices in London, Paris, Dusseldorf, and New
York, GTT provides a global service footprint covering more than 70 countries,
and it has more than 200 customers and in excess of 100 carrier partnerships
around the world. For more information visit the GTT web site: www.gt-t.net
About INDATELgroup
INDATELgroup, an alliance of 20 independently-owned rural fiber providers delivering services in 23 states across America, provides high quality, cost-effective broadband connectivity in their respective markets, handing off services to both rural and metropolitan areas via fiber optic SONET routes. Services range from DS1 connectivity, to OC-48 high end capacity.
Media Inquiries:
JD Darby
+1.703.442.5530
jd.darby@gt-t.net
Investor Inquiries:
Mike Bauer
+1.703.442.5503
mike.bauer@gt-t.net
