GTT Communications to sell infrastructure unit for $2.15 bln
Adds share move, details of the deal
Oct 16 (Reuters) - Telecoms company GTT Communications GTT.N said on Friday it would sell its infrastructure unit to I Squared Capital in a $2.15billion deal.
GTT shares jumped nearly 36% in premarket trading.
The deal includes upfront cash payment of $2.02 billion, and deferred payments of up to $130 million, the company said.
(Reporting by Munsif Vengattil in Bengaluru; Editing by Saumyadeb Chakrabarty)
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