GTT buys Amsterdam operator Customer Connect

GTT Communications announced the acquisition of Amsterdam-based operator Custom Connect. The takeover extends the reach of GTT’s global IP backbone with additional points of presence in Europe and the Middle East, including ultra-low latency services for financial markets in Frankfurt, London, New York and Chicago. 

Custom Connect is a carrier-neutral connectivity provider offering bespoke communication services to connect offices, branches, data centres, clouds, and customers around the world. The takeover also gives GTT a bigger sales team in the Benelux region and a number of multinational clients at Custom Connect. 

Mamadoo Ventures participated in the transaction as principal outside investor in Custom Connect. Financial details of the sale were not disclosed.