GTT Comes Out

Mercator Partners Acquisition acquired all outstanding shares in European Telecommunications & Technology and Global Internetworking

October 26, 2006

1 Min Read

LONDON -- Following approval by its stockholders, Mercator Partners Acquisition Corp. (MPAC) has acquired all outstanding shares in European Telecommunications & Technology Ltd (ETT) and Global Internetworking, Inc. (GII) and has subsequently changed its name to Global Telecom & Technology, Inc. (GTT) (OTCBB:MPAQ). GTT is a leader within a new breed of telecommunications service providers: Virtual Network Operators (VNOs). VNOs do not own the infrastructure upon which their services are provided. Instead, they design solutions based on an optimal combination of traditional telecommunications carriers’ assets. VNOs then procure, integrate and manage this “best-of-breed” solution on their customers’ behalf.

The new company fulfils a growing need from both enterprises and carriers for flexible, technology independent, price competitive, end-to-end global telecoms services. GTT, utilising a virtual network operator model, is focused on addressing the traditional telecom providers’ points of weakness by offering high levels of customer service, turn-key, global end-to-end solutions and lower total cost of ownership.

“We are launching GTT with unique assets and capabilities”, said Mike Keenan, chief executive officer, GTT. “We have a proven track record of success with blue chip customers complemented by extensive vendor partnerships. We have an innovative set of service management tools that support speed to market and top-notch customer service. And, we have a seasoned management team partnered with a world-class board of directors. Most importantly, we offer a fundamentally better way for customers to buy and manage their communications requirements because we build solutions around the needs of our customers, not the constraints of a particular network or technology.”

Mercator Partners Acquisition Corp. (MPAC)

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