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Global Crossing Upgrades Network Capacity to Meet Growing Demand for Broadband Services
Augments Undersea Systems Serving Latin America
FLORHAM PARK, N.J., March 9 -- Global Crossing (NASDAQ:GLBC), a leading global IP solutions provider, today announced it is significantly expanding capacity on its Mid-Atlantic Crossing (MAC®), South American Crossing (SAC®) and Pan American Crossing (PAC®) undersea fiber-optic cable systems to meet rapidly growing demand for Internet Protocol (IP) and Ethernet transport among its enterprise, carrier and service provider customers. These overbuilds will enhance connectivity between Latin America, North America and Europe and will be rolled out over the next six months, with some segments ready for service as early as May 2010.
"The Latin American market is poised to sustain strong growth," said John Legere, Global Crossing's CEO. "The investments we are making are in response to the continued demand Global Crossing is experiencing across our global network for broadband services such as video over IP, social media and content delivery networks."
Global Crossing's MAC undersea system includes approximately 4,600 route miles (7,500 Km) of fiber-optic cable and landing stations in Brookhaven, N.Y., Hollywood, Fla., and St. Croix, U.S.V.I. MAC connects Global Crossing's PAC, SAC and Atlantic Crossing-1 (AC-1®) subsea systems to provide full connectivity between North America, Latin America and Europe. The MAC system provides IP and Synchronous Digital Hierarchy (SDH) services at rates up to 10 Gbps or STM-64.
The PAC submarine cable network spans more than 6,000 route miles (10,000 Km), connecting the United States to Mexico, Central America and South America. It has landing stations in Grover Beach, Calif., Tijuana, Mexico, Mazatlan, Mexico, Esterillos, Costa Rica, and Fort Amador, Panama. It comprises a self-healing ring and Wavelength Division Multiplexing technology.
Global Crossing's SAC system includes approximately 12,000 route miles (20,000 Km) of fiber-optic cable and landing stations in St. Croix, U.S.V.I.; Fortaleza, Brazil; Rio de Janeiro, Brazil; Santos, Brazil; Las Toninas, Argentina; Valparaiso, Chile; Lurin, Peru; Fort Amador, Panama; and Puerto Viejo, Venezuela. Fort Amador and Puerto Viejo are shared by Global Crossing's PAC/Cook's Crossing undersea systems. The SAC system is a four-fiber-pair repeatered system providing 10 Gbps transport.
ABOUT GLOBAL CROSSING
Global Crossing (NASDAQ:GLBC) is a leading global IP and Ethernet solutions provider with the world's first integrated global IP-based network. The company offers a full range of data, voice and collaboration services with an industry leading customer experience and delivers service to approximately 40 percent of the Fortune 500, as well as to 700 carriers, mobile operators and ISPs. It delivers converged IP services to more than 700 cities in more than 70 countries around the world.
Please visit http://www.globalcrossing.com for more information about Global Crossing.
Statements in this press release about expected future events and financial results are forward-looking and subject to risks and uncertainties that could cause the actual results to differ materially, including risks referenced from time to time in the company's filings with the Securities and Exchange Commission. Global Crossing undertakes no duty to update information contained in this press release or in other public disclosures at any time.
CONTACT GLOBAL CROSSING:
Press Contacts
Rich Larris
+ 1 973 937 0153
Richard.Larris@globalcrossing.com
Paula Vivo
Latin America
+ 55 11 3957 2424
Paula.Vivo@globalcrossing.com
Jennifer Campbell
Europe
+44 (0) 125 673 2663
Jennifer.Campbell@globalcrossing.com
Analysts/Investors Contact
Mark Gottlieb
+ 1 800 836 0342
glbc@globalcrossing.com
GEN/PR1
Source: Global Crossing
CONTACT: Press: Rich Larris, +1-973-937-0153,
Richard.Larris@globalcrossing.com; Paula Vivo, Latin America, + 55 11 3957
2424, Paula.Vivo@globalcrossing.com, or Jennifer Campbell, Europe, +44 (0) 125
673 2663, Jennifer.Campbell@globalcrossing.com; Analysts/Investors: Mark
Gottlieb, 1-800-836-0342, glbc@globalcrossing.com
Web Site: http://www.globalcrossing.com/
Global Crossing Upgrades Network Capacity to Meet Growing Demand for Broadband Services
Augments Undersea Systems Serving Latin America
FLORHAM PARK, N.J., March 9 -- Global Crossing (NASDAQ:GLBC), a leading global IP solutions provider, today announced it is significantly expanding capacity on its Mid-Atlantic Crossing (MAC®), South American Crossing (SAC®) and Pan American Crossing (PAC®) undersea fiber-optic cable systems to meet rapidly growing demand for Internet Protocol (IP) and Ethernet transport among its enterprise, carrier and service provider customers. These overbuilds will enhance connectivity between Latin America, North America and Europe and will be rolled out over the next six months, with some segments ready for service as early as May 2010.
"The Latin American market is poised to sustain strong growth," said John Legere, Global Crossing's CEO. "The investments we are making are in response to the continued demand Global Crossing is experiencing across our global network for broadband services such as video over IP, social media and content delivery networks."
Global Crossing's MAC undersea system includes approximately 4,600 route miles (7,500 Km) of fiber-optic cable and landing stations in Brookhaven, N.Y., Hollywood, Fla., and St. Croix, U.S.V.I. MAC connects Global Crossing's PAC, SAC and Atlantic Crossing-1 (AC-1®) subsea systems to provide full connectivity between North America, Latin America and Europe. The MAC system provides IP and Synchronous Digital Hierarchy (SDH) services at rates up to 10 Gbps or STM-64.
The PAC submarine cable network spans more than 6,000 route miles (10,000 Km), connecting the United States to Mexico, Central America and South America. It has landing stations in Grover Beach, Calif., Tijuana, Mexico, Mazatlan, Mexico, Esterillos, Costa Rica, and Fort Amador, Panama. It comprises a self-healing ring and Wavelength Division Multiplexing technology.
Global Crossing's SAC system includes approximately 12,000 route miles (20,000 Km) of fiber-optic cable and landing stations in St. Croix, U.S.V.I.; Fortaleza, Brazil; Rio de Janeiro, Brazil; Santos, Brazil; Las Toninas, Argentina; Valparaiso, Chile; Lurin, Peru; Fort Amador, Panama; and Puerto Viejo, Venezuela. Fort Amador and Puerto Viejo are shared by Global Crossing's PAC/Cook's Crossing undersea systems. The SAC system is a four-fiber-pair repeatered system providing 10 Gbps transport.
ABOUT GLOBAL CROSSING
Global Crossing (NASDAQ:GLBC) is a leading global IP and Ethernet solutions provider with the world's first integrated global IP-based network. The company offers a full range of data, voice and collaboration services with an industry leading customer experience and delivers service to approximately 40 percent of the Fortune 500, as well as to 700 carriers, mobile operators and ISPs. It delivers converged IP services to more than 700 cities in more than 70 countries around the world.
Please visit http://www.globalcrossing.com for more information about Global Crossing.
Statements in this press release about expected future events and financial results are forward-looking and subject to risks and uncertainties that could cause the actual results to differ materially, including risks referenced from time to time in the company's filings with the Securities and Exchange Commission. Global Crossing undertakes no duty to update information contained in this press release or in other public disclosures at any time.
CONTACT GLOBAL CROSSING:
Press Contacts
Rich Larris
+ 1 973 937 0153
Richard.Larris@globalcrossing.com
Paula Vivo
Latin America
+ 55 11 3957 2424
Paula.Vivo@globalcrossing.com
Jennifer Campbell
Europe
+44 (0) 125 673 2663
Jennifer.Campbell@globalcrossing.com
Analysts/Investors Contact
Mark Gottlieb
+ 1 800 836 0342
glbc@globalcrossing.com
GEN/PR1
Source: Global Crossing
CONTACT: Press: Rich Larris, +1-973-937-0153,
Richard.Larris@globalcrossing.com; Paula Vivo, Latin America, + 55 11 3957
2424, Paula.Vivo@globalcrossing.com, or Jennifer Campbell, Europe, +44 (0) 125
673 2663, Jennifer.Campbell@globalcrossing.com; Analysts/Investors: Mark
Gottlieb, 1-800-836-0342, glbc@globalcrossing.com
Web Site: http://www.globalcrossing.com/