Global Crossing - GX (formerly GBLX) Message Board

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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: Jim Willie CB who wrote (754)	4/30/1999 2:52:00 PM
From: MAX404	of 15615

FWIW Here is a note on Colt which appeared in the WSJ yesterday. Europe, 300 million consumers, is connected, and getting more so. We all have friends and loved ones over there/here. ------------- Colt Telecom Starts German Inter-City Network LONDON (Dow Jones)--Colt Telecom PLC (COLTY) said Thursday it has started construction of its 2,600 kilometer inter-city network in Germany. It has appointed RAB, a subsidiary of civil engineering Koop Group, as the prime contractor to build the network. Colt expects the network to operational by mid-2000 and will link its local networks in Berlin, Cologne, Dusseldorf, Frankfurt, Hamburg, Munich and Stuttgart. ------------------ Colt has lots of fiber and metropolitan networks already up and running and is winning cities day by day. It is biting the local telco's in the ass in a way that no US CLEC has managed to do. Check out its share price. I'm very happy. These guys have managed to build a CLEC and a IXC all over the old world and are a reason why GBLX will be getting traffic, as GBLX is a reason COLT will be getting traffic. Comments?

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