Investment Date
January 2005
Vertical
Telecommunications
Fund
GCP I
Investment Status
Prior
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Global Tel*Link

Global Tel*Link Corporation (GTL) is a leading provider of telecom infrastructure, equipment, software and services to the corrections industry


Highlights

  • Provides network based collect and prepaid call processing and digital recording infrastructure platforms in conjunction with monitored telecommunications systems to approximately 700 facilities and 600,000 inmates in the United States
  • Partners with major telecom service providers, such as MCI, SBC, Verizon and AT&T to provide a fully integrated phone system for use by prison inmates
  • GTL's telecom infrastructure platform resides in correctional facilities in more than half of the United States

Initiatives

  • In June 2005, GTL acquired and integrated the AT&T National Public Markets (NPM) business
  • In July 2007, acquired and integrated MCI’s Department of Corrections business
  • Improved operating efficiencies by attacking bad debt and reorganizing
  • Sale to Veritas Capital and Goldman Sachs in February 2009