GTT, a company known for their commitment to redefining global, cloud-based communications, recently announced the update of their business environment, with the acquisition of a new company. GTT Communications will be purchasing a communications services provider called Access Point. Currently, Access Point is headquartered in the region of North Carolina.
With the ambition to enhance their service offerings and reach a more extensive selection of customers, GTT Communications has approached this new acquisition with a focus on future growth. According to the GTT Communications president and CEO Rick Calder, the strong client relationships that Access Point holds is a key component in making the business a compelling fit for the GTT portfolio.
What Does Access Point Bring to GTT Communications?
GTT Communications expect that their acquisition of Access Point will happen rapidly, thanks to the values that both companies share. Access Point will be bringing the following benefits to GTT:
- An extensive history and track record of excellent customer service: Access Point offers highly responsive support solutions, which will align well with the GTT values of agility, speed, and;
- New partner relationships: As part of GTT’s path to growth, Access Point will be responsible for helping to deliver new connections in the communications marketplace
- Complimentary digital services: Access Point will be offering supportive managed broadband, internet and voice solutions to reinforce the market leadership that GTT has to offer
- Growing roster of US enterprise clients: GTT’s growing selection of US enterprise clients will deepen GTT’s presence in their preferred verticals, such as manufacturing, retail, and energy, with plenty of opportunities for upselling
GTT Communications is looking forward to working hand-in-hand with Access Point to ensure a rapid integration of the two businesses.
A Powerful Growth Opportunity for GTT
Thanks to GTT’s acquisition, Access Point customers will have access to one of the largest Tier 1 global IP networks in the world, alongside a robust portfolio of solutions for cloud networking. According to the CEO of Access Point, Richard Brown, the company is proud to be connecting with an organisation that has an outstanding service mirroring their own. Access Point values the loyalty and commitment of their customers, and look forward to giving them a more advanced set of communications through a swift integration with GTT.
GTT Communications paid a total of $40 million to purchase Access Point.
