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Technology Stocks : Global Crossing - GX (formerly GBLX)
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To: terridex who wrote (10050)2/28/2001 12:01:39 AM
From: Ally  Read Replies (3) of 15615
 
>I believe that several sources have mentioned that most of the IRU sales are not dark fiber or even dim fiber, which means that most come with managed services. I believe Global's niche is providing turn key network. Not only does this lead to recurring revenue, but will most likely not be in over supply.<

Terridex,

Would you be able to retrieve the articles mentioning that IRUs are recurring revenue? Would like to look at this again. Interesting term IRU:

Our business has been transformed," says Cohrs. "Eighteen months ago, the entire company was selling (indefeasible rights of use) on the Atlantic Cable; that was it. In our budget for next year we expect less than 2% of our revenues to come from selling IRUs on the Atlantic Cable."
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