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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: DWB who wrote (11175)5/13/2001 12:48:55 AM
From: TechMkt  Read Replies (1) of 15615
 
Over the next few days I'll try and post some interesting extracts from the GX 10-K I just received. Some of it may be old news, but hopefully pertinent.

Fez
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" We previously entered into an agreement with Telergy, Inc. under which we have acquired 96 strands of fiber throughout the New York area on Telergy's 100-mile New York City network. In addition, the agreement provides us with an ownership position in Telergy and representation on its board of directors. GX and Telergy have also agreed to explore co-build opportunities in the northeastern US and to seek to utilize the Telergy network as needed for redundancy and termination of GX traffic in certain areas."
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