Sec Form 4 Filing - CANNELL J CARLO @ Global Telecom & Technology, Inc. - 2013-10-03

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person CANNELL J CARLO 2. Issuer Name and Ticker or Trading Symbol Global Telecom & Technology, Inc. [ GTT] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 310 E. PEARL STREET, P.O. BOX 3459 3. Date of Earliest Transaction (MM/DD/YY) 10/03/2013 (Street) JACKSON, WY83001 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 10/03/2013 S 3,132 D $ 5.3919 3,437,095 I ( 1 ) ( 2 ) By partnerships and corporations ( 1 ) ( 2 ) Common Stock 10/04/2013 S 1,200 D $ 5.3933 3,435,895 I ( 1 ) ( 2 ) By partnerships and corporations ( 1 ) ( 2 ) Common Stock 10/07/2013 S 500 D $ 5.4175 3,435,395 I ( 1 ) ( 2 ) By partnerships and corporations ( 1 ) ( 2 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Be neficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other CANNELL J CARLO 310 E. PEARL STREET, P.O. BOX 3459 JACKSON, WY83001 X Signatures /s/ J. Carlo Cannell, on behalf of Cannell Capital LLC 10/07/2013 Signature of Reporting Person Date

Explanation of Responses:

( 1 )As of October 7, 2013, Tristan Offshore Fund Limited ("Tristan Offshore"), Tristan Partners, L.P. ("Tristan"), The Cuttyhunk Master Portfolio ("Cutty"), Tonga Partners, L.P. ("Tonga"), and Tonga Partners QP, L.P. ("Tonga QP" and collectively with Tristan Offshore, Tristan, Cutty, and Tonga, the "Funds") owned in the aggregate (i) 3,435,395 shares of common stock, with par value of $0.0001 per share of Global Telecom & Technology, Inc. ("the Company") ( 2 )Mr. J. Cannell is the sole managing member of Cannell Capital LLC. Cannell Capital LLC acts as the investment adviser to Tristan Offshore and Cutty, and is the general partner of and investment adviser to Tristan, Tonga, and Tonga QP. a result, Mr. Cannell possesses sole power to vote and direct the disposition of all securities of the Company held by the Funds. Thus, for the purposes of Reg. Section 240.13d-3, as of October 7, 2013 Mr. Cannell is deemed to beneficially own 3,435,395 shares. Mr. Cannell's interest in the securities reported herein is limited to the extent of his pecuniary interest in each of the Funds, if any. None of the Funds has a position larger than 5.0% of the shares outstanding of Global Telecom & Technology, Inc.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

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