What GTTs Chapter 11 Filing Means for Enterprises

Published: Sept. 13, 2021, 4 p.m.

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According to sources, GTT Communications is heading into Chapter 11 bankruptcy.\\xa0 The filing is expected to take place once GTT\\u2019s sale of its European and transoceanic fiber business is completed with I-Squared Capital.\\xa0 The bankruptcy filing could be a bad thing for enterprises or \\u2013 by eliminating close to $3 billion in debt \\u2013 GTT might be able to refocus its business and offer the type of transformational technology and services enterprises need.

In this 8 minute podcast, Jack Deal, one of TC2\\u2019s Managing Directors, and Joe Schmidt take a look at how GTT got into this position and offer some tips for current and future GTT customers.

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