SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Global Crossing - GX (formerly GBLX)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: gruetz who wrote (10661)4/16/2001 7:41:40 PM
From: Bill Fischofer  Read Replies (1) of 15615
 
GX has indicated that IRU sales have been becoming less significant for some time and these sales in the Atlantic now represent less than 2% of GX's revenue.

In the old days (i.e., two years ago) the business model was selling network "part kits" (sell a segment from A to B, another segment from C to D, etc.). Today the focus is on global network services, which is why GX is winning customers like SWIFT and the Chicago Stock exchange. These customers have little interest in stitching together a network from a parts list. The fact that GX can move out of the parts business and into the services business is because they have a global network rather than a collection of network assets. I expect this trend to greatly accelerate in the coming quarters.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News