MCLEAN, Va., June 25, 2008 – Global Telecom & Technology, Inc. (“GTT”), (OTCBB: GTLT), a  leading global Multi-Network Operator, announced today that it has entered a strategic agreement with VTLWaveNet to provide high-capacity bandwidth solutions in numerous European markets, including recent network expansion into Switzerland, Belgium, and France. 

This agreement enables GTT to provide high-capacity connectivity across Europe and into the United States, including wavelengths, dark fiber, and co-location services. In support of its recent network build out, VTLWaveNet is also actively promoting its Ethernet services between Europe’s major Internet exchanges.  VTLWaveNet’s diverse network uses redundant high-capacity paths into the United Kingdom, avoiding the traditional routes to London via the Channel Tunnel.

The partnership also allows VTLWaveNet to expand their network reach to leverage GTT’s global footprint to locations outside of their existing territories.  With more than 800 supplier relationships globally, GTT can offer VTLWaveNet customers a wide range of WAN solutions and services around the world.  

“The agreement further highlights the value proposition of our Multi-Network Operator strategy,” said Richard D. Calder, Jr., GTT’s president and CEO.  “GTT is uniquely positioned to provide our customers with multi-carrier bandwidth solutions with no predisposition to any one supplier or technology.  Adding VTLWaveNet’s high-capacity pan-European footprint to GTT’s global supplier base significantly enhances our multi-network operator strategy.”

About GTT

GTT is a global network integrator that provides its clients with a broad portfolio of wide-area network and wireless mobility services. With over 800 worldwide supplier relationships, GTT combines multiple networks and technologies to deliver cost-effective solutions specifically designed for each client's unique requirements. GTT enhances client performance through our proprietary systems, comprehensive project management and 24x7 operations support. Headquartered just outside Washington, D.C. in McLean, Virginia with offices in London and Dusseldorf, GTT provides service to more than 300 enterprise, government, and carrier clients in over 70 countries, worldwide. For more information visit the GTT website at www.gt-t.net