Interoute

Cloud Infrastructure Service Market size worth $ 1384 Billion, Globally, by 2028 at 11.5% CAGR: Verified Market Research®

Retrieved on: 
Thursday, March 31, 2022

JERSEY CITY, N.J., March 31, 2022 /PRNewswire/ -- Verified Market Research recently published a report, "Cloud Infrastructure Service Market" By Service Type (Compute as a service, Storage as a service), By Deployment Model (Public Cloud, Private Cloud), By Vertical (IT and Telecommunications, Government and Public Sector), and By Geography. According to Verified Market Research, the Global Cloud Infrastructure Service Market size was valued at USD 235 Billion in 2020 and is projected to reach USD 1384 Billion by 2028, growing at a CAGR of 11.5% from 2021 to 2028.

Key Points: 
  • JERSEY CITY, N.J., March 31, 2022 /PRNewswire/ -- Verified Market Research recently published a report, " Cloud Infrastructure Service Market " By Service Type (Compute as a service, Storage as a service), By Deployment Model (Public Cloud, Private Cloud), By Vertical (IT and Telecommunications, Government and Public Sector), and By Geography.
  • According to Verified Market Research, the Global Cloud Infrastructure Service Market size was valued at USD 235 Billion in 2020 and is projected to reach USD 1384 Billion by 2028, growing at a CAGR of 11.5% from 2021 to 2028.
  • Owing to the availability of low costs, flexibility, scalability, and security are major development factors that are responsible for boosting the growth of the Global Cloud Infrastructure Service Market.
  • Verified Market Research has segmented the Global Cloud Infrastructure Service Market On the basis of Service Type, Deployment Model, Vertical, and Geography.

Cloud Infrastructure Service Market size worth $ 1384 Billion, Globally, by 2028 at 11.5% CAGR: Verified Market Research®

Retrieved on: 
Thursday, March 31, 2022

JERSEY CITY, N.J., March 31, 2022 /PRNewswire/ -- Verified Market Research recently published a report, "Cloud Infrastructure Service Market" By Service Type (Compute as a service, Storage as a service), By Deployment Model (Public Cloud, Private Cloud), By Vertical (IT and Telecommunications, Government and Public Sector), and By Geography. According to Verified Market Research, the Global Cloud Infrastructure Service Market size was valued at USD 235 Billion in 2020 and is projected to reach USD 1384 Billion by 2028, growing at a CAGR of 11.5% from 2021 to 2028.

Key Points: 
  • JERSEY CITY, N.J., March 31, 2022 /PRNewswire/ -- Verified Market Research recently published a report, " Cloud Infrastructure Service Market " By Service Type (Compute as a service, Storage as a service), By Deployment Model (Public Cloud, Private Cloud), By Vertical (IT and Telecommunications, Government and Public Sector), and By Geography.
  • According to Verified Market Research, the Global Cloud Infrastructure Service Market size was valued at USD 235 Billion in 2020 and is projected to reach USD 1384 Billion by 2028, growing at a CAGR of 11.5% from 2021 to 2028.
  • Owing to the availability of low costs, flexibility, scalability, and security are major development factors that are responsible for boosting the growth of the Global Cloud Infrastructure Service Market.
  • Verified Market Research has segmented the Global Cloud Infrastructure Service Market On the basis of Service Type, Deployment Model, Vertical, and Geography.

Coevolve announces key new hire and expansion in European Market

Retrieved on: 
Thursday, December 2, 2021

SYDNEY, Dec. 2, 2021 /PRNewswire/ -- Coevolve announced its expansion in the European market today, and has appointed James Halberstadt as Managing Director of EMEA, effective December 1, 2021. This marks another significant milestone in Coevolve's growth. James, who has over 20 years of experience in designing and delivering Wide Area Networks and cloud-hosted solutions for multi-national enterprise customers, will play an instrumental role in   expanding the team and rapidly growing Coevolve's already strong European and EMEA capability by leveraging Coevolve's global capabilities.

Key Points: 
  • SYDNEY, Dec. 2, 2021 /PRNewswire/ --Coevolve announced its expansion in the European market today, and has appointed James Halberstadt as Managing Director of EMEA, effective December 1, 2021.
  • Tim Sullivan, Coevolve CEO said: "This is a perfect next step as we evolve our business as the leading Co-managed Digital Infrastructure business across EMEA and globally.
  • Coevolve expects its expansion in the European market to be disruptive, as its co-managed offering provides an alternative to the traditional outdated network approaches.
  • Coevolve CTO Ciaran Roche commented: "I know first-hand from my many conversations with European companies that they expect more from a managed SD-WAN solution.

Zayo Appoints Jesper Aagaard as Managing Director of Europe

Retrieved on: 
Tuesday, September 1, 2020

Zayo Group Holdings, Inc., the global leader in Communications Infrastructure, today announced the appointment of Jesper Aagaard as Zayos Managing Director of Europe.

Key Points: 
  • Zayo Group Holdings, Inc., the global leader in Communications Infrastructure, today announced the appointment of Jesper Aagaard as Zayos Managing Director of Europe.
  • In this role, Aagaard will be instrumental in driving growth in Europe and shaping Zayos overall strategy for the region.
  • Aagaard joins Zayo from GTT Communications where he served as division president of Europe and drove GTTs successful integration of Interoute Communications.
  • With its deep, dense fiber assets in western Europe and a reputation for innovation, Zayo is able to deliver unique solutions for its customers, said Aagaard.

China Telecoms & ICT Services Market, Forecast to 2024 - COVID-19 Pandemic Not Assumed to Pose a Significant Negative Impact - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 7, 2020

This report provides an outlook on the telecoms and ICT services market in China for micro, small and medium-sized enterprises (MSMEs) and large enterprises.

Key Points: 
  • This report provides an outlook on the telecoms and ICT services market in China for micro, small and medium-sized enterprises (MSMEs) and large enterprises.
  • It contains forecasts for fixed and mobile voice and data network services, as well as ICT services such as security, co-location, and hosting, unified communications and cloud services.
  • It quantifies the market for fixed and mobile voice and data services, IoT connectivity services and ICT services such as unified communications (UC) and hosted voice, security, colocation and hosting and cloud services.
  • The analyst has not assumed a significant negative impact arising from the COVID-19 pandemic.

GTT Selects Credit Suisse and Goldman Sachs as Financial Advisors for Sale of Infrastructure Division

Retrieved on: 
Tuesday, November 26, 2019

(NYSE: GTT), a leading global cloud networking provider to multinational clients, announced today that it selected Credit Suisse and Goldman Sachs to act as financial advisors to the company in connection with the potential sale of the Infrastructure Division, which includes the companys highly differentiated terrestrial pan-European fiber network, subsea transatlantic fiber and data center infrastructure that were part of the Interoute and Hibernia acquisitions.

Key Points: 
  • (NYSE: GTT), a leading global cloud networking provider to multinational clients, announced today that it selected Credit Suisse and Goldman Sachs to act as financial advisors to the company in connection with the potential sale of the Infrastructure Division, which includes the companys highly differentiated terrestrial pan-European fiber network, subsea transatlantic fiber and data center infrastructure that were part of the Interoute and Hibernia acquisitions.
  • The appointment of Credit Suisse and Goldman Sachs is an important step in our process to explore the sale of our Infrastructure Division, stated Rick Calder, GTT president and CEO.
  • GTT connects people across organizations, around the world and to every application in the cloud.
  • GTT owns and operates a global Tier 1 internet network and provides a comprehensive suite of cloud networking services.

Shareholder Alert: Robbins Arroyo LLP Reminds Investors GTT Communications, Inc. (GTT) Sued for Misleading Shareholders

Retrieved on: 
Monday, October 21, 2019

Shareholder rights law firm Robbins Arroyo LLP reminds investors that a purchaser of GTT Communications, Inc. (NYSE: GTT) filed a class action complaint for alleged violations of the Securities Exchange Act of 1934 between February 26, 2018 and July 1, 2019.

Key Points: 
  • Shareholder rights law firm Robbins Arroyo LLP reminds investors that a purchaser of GTT Communications, Inc. (NYSE: GTT) filed a class action complaint for alleged violations of the Securities Exchange Act of 1934 between February 26, 2018 and July 1, 2019.
  • GTT provides cloud networking services to multinational enterprises, carriers, and government customers in the United States and internationally.
  • If you suffered a loss as a result of GTT's misconduct, click here .
  • In its explanation for the disappointing financial results, GTT revealed that the declining business was due to challenges and delays in its integration of Interoute.

Scott+Scott Attorneys at Law LLP Continues Investigating GTT Communications, Inc.'s Directors and Officers for Breach of Fiduciary Duties - GTT

Retrieved on: 
Friday, October 11, 2019

NEW YORK, Oct. 11, 2019 /PRNewswire/ -- Scott+Scott Attorneys at Law LLP ("Scott+Scott"), an international securities and consumer rights litigation firm, continues to investigate whether certain directors and officers of GTT Communications, Inc. ("GTT" or the "Company") (NYSE: GTT) breached their fiduciary duties to GTT and its shareholders.

Key Points: 
  • NEW YORK, Oct. 11, 2019 /PRNewswire/ -- Scott+Scott Attorneys at Law LLP ("Scott+Scott"), an international securities and consumer rights litigation firm, continues to investigate whether certain directors and officers of GTT Communications, Inc. ("GTT" or the "Company") (NYSE: GTT) breached their fiduciary duties to GTT and its shareholders.
  • If you are a GTT shareholder, you may contact attorney Joe Pettigrew for additional information: 844-818-6982 or [email protected] .
  • In February 2018, GTT announced a $2.3 billion acquisition of Interoute Communications Holdings S.A. ("Interoute"), Europe's largest cloud services platform operator.
  • On August 27, 2019, GTT announced that its Chief Financial Officer was leaving GTT, effective September 30, 2019.

INVESTOR DEADLINE: Scott+Scott Attorneys at Law LLP Reminds Investors of Class Action Against GTT Communications, Inc. and Impending Deadline – GTT

Retrieved on: 
Monday, September 30, 2019

Scott+Scott Attorneys at Law LLP (Scott+Scott), an international securities and consumer rights litigation firm, reminds investors of a federal class action lawsuit pending against GTT Communications, Inc. (GTT) (NYSE: GTT) and the September 30, 2019 deadline to move for lead plaintiff.

Key Points: 
  • Scott+Scott Attorneys at Law LLP (Scott+Scott), an international securities and consumer rights litigation firm, reminds investors of a federal class action lawsuit pending against GTT Communications, Inc. (GTT) (NYSE: GTT) and the September 30, 2019 deadline to move for lead plaintiff.
  • In February 2018, GTT announced a $2.3 billion acquisition of Interoute Communications Holdings S.A. (Interoute), Europes largest cloud services platform operator.
  • On August 27, 2019, GTT announced that its Chief Financial Officer was leaving GTT, effective September 30, 2019.
  • On this news, shares of GTT fell $0.63, or 7%, to close at $8.36/share on August 27, 2019.

MONDAY DEADLINE ALERT: The Schall Law Firm Announces it is Investigating Claims Against GTT Communications, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Retrieved on: 
Monday, September 30, 2019

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Key Points: 
  • The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
  • GTT experienced significant delays in integrating Interoute Communications Holdings S.A.s ("Interoute") systems and legacy processes into the Companys client management database.
  • The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.