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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: mts362 who wrote (2342)10/6/1999 5:48:00 PM
From: Teddy  Read Replies (1) of 15615
 
hi Matthew, yeah, pretty much nothing new, but there is a few interesting things buried inside the lines. i bolded part and put a couple of questions/ comments at the bottom.

206.132.184.108

Global Crossing Christens North American Crossing Network

Completes Core Nationwide Network with Seamless Connections to Europe

Increased North American Crossing Capacity 500% Since January 1999

New York, N.Y. - October 6, 1999 - Global Crossing (Nasdaq: GBLX), which is building and operating the world's most
advanced global IP-based fiber optic network, today announced that its core North American Crossing network is
complete, fully operational and seamlessly interconnected to the company's Atlantic Crossing network.

The $1 billion North American Crossing (formerly the Frontier Optronics NetworkSM) will span 20,000 miles and connect
more than 120 of the country's top markets. North American Crossing also features a just-completed "network express
lane" that moves data at gigabit speeds between the 20 most heavily trafficked U.S. markets. Clearly one of the most
advanced in the nation, this network was built to more than satisfy the growing need for reliability, speed and capacity.

"We've increased our domestic capacity five fold since the beginning of this year," said Rolla P. Huff, President and COO of
Global Crossing's North American Operations. "Industry leading optical networking technology provides Global Crossing's
North American network with the elastic scalability to keep pace with the explosive bandwidth demands of the electronic
economy. Our ring designs also ensures the highest levels of network quality and reliability."

This reliability was recently evidenced in the aftermath of Hurricane Floyd that rampaged the Eastern U.S. coast. While most
all other nationwide networks experienced network outages that lasted a number of days, traffic on the North American
Crossing network was not impacted.

Global Crossing plans to extend the ring architecture of North American Crossing to create protected network routes to its
Mexican network and is exploring adding capacity into key Canadian cities.


"When we first started building North American Crossing two years ago, bandwidth was just a buzzword - now it's become
a business imperative," stated Huff. "Although some may talk about a capacity glut, we've experienced just the opposite and
we expect that trend to continue into 2000 and well beyond. As Global Crossing builds out to additional landing points
around the globe, our U.S. customers will benefit from the only global seamless IP network in the world."

===========================================

One of things I think they are trying to do is stress the reliability of the network. A while back, our beloved Frank C explained that pricing varies greatly with companies such as Worldcom getting premium rates because of the (real or imagined) quality and scope of their network. I think that, as Global Crossing begins offering products directly to end users, it is important to establish some "brand recognition." For the company's global network.

Frank, do you have any comment on the tag line: "the only global seamless IP network in the world" ?

Is it true that "...aftermath of Hurricane Floyd that rampaged the Eastern U.S. coast. While most
all other nationwide networks experienced network outages that lasted a number of days, traffic on the North American
Crossing network was not impacted."

I wonder if any of the other carriers had to backhaul on Global Crossing's network?

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