(Bloomberg) -- At least three fiber-optic network operators are pushing ahead with divestments in Europe, as demand for infrastructure assets helps such companies shrug off the effects of the coronavirus pandemic.GTT Communications Inc. has kicked off a sale process of its infrastructure division, which could fetch as much as $2.5 billion, people with knowledge of the matter said. The McLean, Virginia-based company has sent out marketing materials to potential buyers of the assets, which include a high-speed network across Europe as well as data centers, according to the people.The sale process is mostly attracting infrastructure-focused investment firms, the people said. Some of the assets were acquired by GTT through its $2.3 billion purchase of London-based Interoute in 2018.Separately, London-focused internet service provider Community Fibre Ltd. asked for first-round bids this month, the people said. A sale could value the company at about 200 million pounds ($248 million), the people said, asking not to be identified because the information is private.Glide, another European broadband network operator, is also working with an adviser as it seeks a buyer for the company, the people said. The sale could fetch around $200 million to $300 million, according to one of the people.The company, based in Somerset, England, provides connectivity to student housing as well as business parks, industrial estates and serviced offices. Apart from the U.K., it also has operations in Ireland, Spain, Italy, Germany, Austria and the Netherlands, according to its website.Infrastructure deals -- often backed by physical assets that provide steady, long-term returns -- continue to attract investors even as the broader market turmoil leads to financing drying up for other types of acquisitions. Several suitors made binding bids for Portuguese toll road operator Brisa, Bloomberg News reported this month.An investor group backed by Global Infrastructure Partners and Brookfield Asset Management Inc. is in talks with banks about borrowing around $8 billion to fund the potential purchase of a stake in Abu Dhabi National Oil Co.’s natural gas pipelines, people with knowledge of the matter said last week. An arm of Colony Capital Inc. is also buying data center assets in Latin America.Home internet usage has been surging as office employees around the world embrace remote work setups. The lockdowns in many countries have also closed outside entertainment venues, leading to surging traffic for sites like Netflix Inc. and driving demand for data centers and supporting network infrastructure.Representatives for Community Fibre and GTT declined to comment, while Glide didn’t immediately respond to requests for comment.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

GTT Communications (GTT) delivered earnings and revenue surprises of 0.00% and 0.04%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

GTT Communications, Inc. (NYSE: GTT), a leading global cloud networking provider to multinational clients, announced today that Steven Berns has joined the GTT leadership team as Chief Financial Officer. Mr. Berns will lead GTT’s global finance group, including financial operations, investor relations and all banking and advisory relationships.

More than 4.4 million Americans filed initial unemployment claims for the week ending April 18, bringing the five-week total to about 26.5 million. Continuing unemployment claims are close to 16 million, according to data released Thursday by the Department of Labor. D.C., Maryland and Virginia saw employment claims drop compared with the previous week, but a total of nearly 140,000 residents in the three jurisdictions applied initial claims last week.

Image source: The Motley Fool. GTT Communications, Inc. (NYSE: GTT)Q1 2020 Earnings CallMay 8, 2020, 8:30 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood day, and welcome to the GTT Communications First Quarter 2020 Results Conference Call.

GTT Communications (GTT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

If you own shares in GTT Communications, Inc. (NYSE:GTT) then it's worth thinking about how it contributes to the...

Markets on Wall Street jumped Tuesday as lawmakers and the Trump administration worked to finalize a massive stimulus package to boost the struggling economy created by the growing coronavirus pandemic.

Q1 2020 GTT Communications Inc Earnings Call

Moody's Investors Service ("Moody's") has today affirmed GTT Communications, Inc.'s ("GTT") B2 corporate family rating (CFR) and B2-PD probability of default rating (PDR). Concurrently, Moody's assigned a B2 rating to GTT's new $140 million term loan which was raised at GTT Communications BV, borrowing entity of GTT's EMEA senior facilities.

Investors need to pay close attention to GTT Communications (GTT) stock based on the movements in the options market lately.

Q4 2019 GTT Communications Inc Earnings Call

GTT Communications, Inc. (NYSE: GTT), a leading global cloud networking provider to multinational clients, announced today it has expanded its managed SD-WAN service offering in the Americas region by adding the Silver Peak Unity EdgeConnect™ SD-WAN edge platform. The GTT-managed SD-WAN service meets client requirements for optimal application performance, improved network bandwidth efficiency and high levels of security. GTT was one of the first service providers to offer managed SD-WAN with a choice of vendor options. The new managed SD-WAN offering in the Americas region complements GTT’s existing offering with Silver Peak in Europe, which serves more than 100 clients.

GTT Communications, Inc. (NYSE:GTT), a leading global cloud networking provider to multinational clients, announced today that management will participate in a virtual fireside chat at the Cowen 2020 Virtual Technology, Media & Telecom Conference on Friday, May 29, 2020 at 8:30 AM EDT and conduct virtual meetings with investors that day.

GTT Communications, Inc. (NYSE:GTT) shareholders will doubtless be very grateful to see the share price up 61% in the...

GTT Communications, Inc. (NYSE: GTT), a leading global cloud networking provider to multinational clients, announced today that Richard D. Calder, Jr., GTT president and CEO, will depart the company effective on June 1, 2020.

GTT Communications (GTT) delivered earnings and revenue surprises of -203.85% and -0.86%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

GTT Communications, Inc. (NYSE: GTT), a leading global cloud networking provider to multinational clients, announced today its financial results for the quarter ended March 31, 2020.

GTT Communications, Inc. (NYSE: GTT), a leading global cloud networking provider to multinational clients, announced today that it plans to release results for the first quarter, ended March 31, 2020, on Friday, May 8, 2020. In conjunction with the release, GTT has scheduled a conference call, which will also be broadcast live over the internet that day at 8:30 a.m. Eastern time.

The Dow Jones Industrial Average had its worst day since 1987 on Thursday, falling more than 10% as the country dealt with the spread of the novel coronavirus and its uncertain impacts on business. The S&P 500 and the Nasdaq were close behind, each falling more than 9%.