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Technology Stocks : Global Crossing (GLBC)
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From: FJB12/6/2006 10:01:08 AM
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Global Crossing Opens Point of Presence Telecommunications Facility in Helsinki
Wednesday December 6, 3:00 am ET
* New PoP Handles Continuing Surge in European IP Traffic.
* Global Crossing Meets Customer Demands for a Robust, Scalable IP Network.

...

Global Crossing's IP traffic increased 126 percent between the third quarter of 2005 and the third quarter of 2006. According to TeleGeography Research, the rate of growth in international IP traffic at an industry level between mid 2005 and mid 2006 was 75 percent.

"We expect the surge in IP traffic to continue with the key driver being higher end-user needs for services, such as content downloads, streaming and faster Internet access," said Dag Aanensen, area vice president of carrier sales, Global Crossing. Now, Internet Service Providers will be able to deliver far greater capacity to their customers.
biz.yahoo.com
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