Global Crossing - GX (formerly GBLX) Message Board

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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: gizelle otero who wrote (2008)	9/20/1999 6:49:00 PM
From: TechMkt	Read Replies (2) of 15615

Why is this thread so quiet?? Her's some news on the Pan-European Crossing. Fez ______________________________ Telecom Italia's Sirti Wins EU45 Mln Fibre-Optic Cable Order Milan, Sept. 20 (Bloomberg) -- Sirti SpA, the cabling unit of Telecom Italia SpA, Italy's largest telephone company, said it received a 45 million euro ($46.8 million) order to lay a fiber- optic cable from the Italian-Swiss border to the south of France. Sirti said it will lay the 650 kilometer cable stretching from the Swiss border with Italy through Milan and Turin to Marseilles. The delivery date is July 1 2000. The contract ``confirms Sirti's standing as a leader in the engineering and installation of telecommunications networks and systems,' the company said in a statement. Global Crossing Ltd., a U.S. company that provides global Internet and long-distance telecommunications facilities, gave Sirti the order as part of its ``Pan European Crossing' project. Under the plan, Global Crossing aims to install about 11,000 kilometers of fiber-optic cables, passing through 25 European metropolitan areas. Sirti shares today were little changed falling 0.1 percent to 4.68 euros. Sep/20/1999 13:54

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