GTT Communications, Inc. (NYSE:GTT) Files An 8-K Completion of Acquisition or Disposition of Assets

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GTT Communications, Inc. (NYSE:GTT) Files An 8-K Completion of Acquisition or Disposition of Assets

Item 2.01

Completion of Acquisition or Disposition of Assets
On January 13, 2017, GTT Communications, Inc. (the Company or
GTT) filed a Current Report on Form 8-K (the Initial Form 8-K)
reporting that on January 9, 2017, the Company completed the
acquisition of all of the equity securities of Hibernia NGS
Limited (Hibernia) from Murosa Development S.A.R.L. (Murosa) and
Columbia Ventures Corporation to the previously announced Share
Purchase Agreement (the Purchase Agreement), dated as of November
8, 2016.
The Initial Form 8-K omitted the financial statements of the
business acquired and the pro forma combined financial
information as permitted by Items 9.01 (a)(4) and Item 9.01
(b)(2) of Form 8-K. This amendment to the Initial Form 8-K is
being filed to provide the financial statements and pro forma
financial information by Item 9.01 of Form 8-K.
Item 9.01
Financial Statements and Exhibits
(a) Financial Statements of Business Acquired.
The audited financial statements of Hibernia as of December 31,
2016 and 2015 and for the three years in the period ended
December 31, 2016 are filed herewith as Exhibit 99.1 to this
Amendment No. 1 and incorporated in this Item 9.01(a) by
reference.
(b) Pro forma Financial Information.
The unaudited pro forma condensed combined financial statement of
GTT as of and for the year ended December 31, 2016, giving effect
to the Hibernia acquisition, is filed herewith as Exhibit 99.2 to
this Amendment No. 1 and incorporated in this Item 9.01(b) by
reference.
(d) Exhibits
Exhibit No.
Description
23.1
Consent of PricewaterhouseCoopers
99.1
The audited financial statements of Hibernia as of
December 31, 2016 and 2015 and for the three years in
the period ended December 31, 2016
99.2
The unaudited pro forma condensed combined financial
information (and related notes) of GTT as of and for
the year ended December 31, 2016


About GTT Communications, Inc. (NYSE:GTT)

GTT Communications, Inc. is a provider of cloud networking services. The Company offers a portfolio of global communications services, including EtherCloud wide area network services; Internet services; managed network and security services, and voice and unified communication services. The Company provides Layer 2 (Ethernet) and Layer 3 (multiprotocol label switching (MPLS)) solutions to meet the needs of multinational clients. The Company offers customers high-bandwidth global Internet connectivity and IP transit with availability and packet delivery. It offers managed network services, including managed equipment, managed security services and managed secure access. Its Tier 1 Internet protocol (IP) network delivers connectivity for its clients around the world. It provides services to multinational enterprises, carriers and government customers in over 100 countries. The Company’s global network assets are deployed in North America, South America, Europe, Asia and Australia.

GTT Communications, Inc. (NYSE:GTT) Recent Trading Information

GTT Communications, Inc. (NYSE:GTT) closed its last trading session 00.00 at 26.90 with 573,552 shares trading hands.