MCLEAN, Va.--(BUSINESS WIRE)--GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, announced today that GTT is ranked on Deloitte’s Technology Fast 500™ as one of the fastest growing technology companies in North America.
“GTT is proud that Deloitte has ranked us as one of the fastest growing technology companies in North America,” said Rick Calder, GTT President and CEO. “Our strong growth is driven by the successful execution of our strategy, to provide ubiquitous network connectivity worldwide, expand our cloud networking services to multinational clients and deliver outstanding client experience.”
“The companies ranked on the 2014 Deloitte Technology Fast 500 continue to set the bar for their industry higher each year,” said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. “There are so many exciting products and smart thought leaders driving this list. We congratulate the Fast 500 companies and look forward to seeing them continue their momentum into 2015.”
The Deloitte Fast 500™ rankings are based on the percentage fiscal year revenue growth from 2009 to 2013.
“GTT reported revenue of $157 million in 2013, reflecting a growth rate of 145% since 2009,” said Michael Bauer, GTT’s Chief Financial Officer. “For the last quarter ended September 30, 2014, GTT’s annualized revenue run rate grew to $197 million. GTT’s next financial objective is $400 million in revenue and $100 million in adjusted EBITDA.”
GTT operates a global Tier 1 IP network connecting to any location in the world and with any application in the cloud. Our cloud networking services provide a better way for multinational clients to embrace the cloud. Our clients trust us to deliver solutions with simplicity, speed and agility so they can compete effectively in the global economy. For more information, visit www.gtt.net.