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Technology Stocks : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?


To: Racso who wrote (1946)9/13/1999 5:30:00 PM
From: TechMkt  Respond to of 15615
 
GBLX has a lot to gain from the Frontier deal!!!

Fez
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Carriers Make the Internet Connection with Frontier

ROCHESTER, N.Y.--(BUSINESS WIRE)--Sept. 13, 1999--

Actel Integrated Communications and TriVergent Communications Select Frontier for Reliable, High-Speed Internet Service

Frontier Communications today announced that its Carrier Services Group has been selected by top competitive local exchange carriers (CLECs) and resellers to provide wholesale dedicated Internet service. Actel Integrated Communications and TriVergent Communications are utilizing the Frontier CarrierConnect(SM) product for fast, reliable dedicated Internet connections nationwide.

In an extension to its existing network services agreement with Frontier, Mobile, Ala.-based Actel Integrated Communications, Inc., an Integrated Communications Provider (ICP), will utilize Frontier CarrierConnect to strategically enhance and expand its data services footprint throughout the southeastern United States.

According to Actel President John Beck, this relationship with Frontier positions his company for future growth. "Enhancing our product set to include cutting-edge data services is a natural progression for our company," he said. "This relationship with Frontier fits into our long range plans of building a state-of-the-art data-centric network by greatly enhancing our ability to offer our customers a reliable and robust product portfolio."

Greenville, S.C.-based TriVergent Communications, Inc. (formerly State Communications), a competitive local exchange carrier (CLEC) serving primarily business and residential consumers located in the southern U.S., is also taking advantage of the benefits associated with CarrierConnect. "Providing data and Internet solutions has become imperative in any telecom business model. By leveraging the reliability and scalability of Frontier's network, we are ensuring our customers with competitive Internet solutions," said Executive Vice President for TriVergent Communications Shaler P. Houser.

Frontier CarrierConnect provides direct connectivity to the Internet at DS-1, fractional and full DS-3 and OC-3 speeds via the Frontier Optronics Network(SM). Standard features also include domain name and IP address registration support, proactive, 24x7 network management, primary and secondary domain name service support, and news feeds.

Backing this dedicated Internet product is one of the most

advanced Internet Protocol network infrastructures in the industry:

- The Frontier Optronics Network is a 20,000-route mile, fiber

optic, redundant ring architecture connecting 120 major U.S.

markets and delivering unrivaled speed, scalability and

reliability.

- Frontier's Cisco-powered IP network operates in cross-country

rings at OC-48 (2.5 Gbps) and consists of 24 nodes and 120 POPs.

The ring architecture provides protection against points of

failure along the network path.

- 22 private peering and more than 75 tier-one public peering

points provide quick and reliable connections for customers.

- Media Distribution Centers (MDCs) - geographically distributed,

24x7x365, on-net data centers. Today these MDCs host more than

300 top Internet brands - including Yahoo!, ZDNet, Ask Jeeves and

eToys - and deliver nearly 2 million hits per minute.

According to Anthony J. Cassara, president of carrier services for Frontier, "Our strategy is to help our carrier customers become more data-centric and participate in the explosive growth in the Internet services market. We're helping them move up the value chain with their customers, from providing traditional dialtone towards more Internet-based services."

Continuing to deliver on this strategy, just last month Frontier announced it teamed with Cisco Systems, Inc., to provide carriers and resellers with a complete, end-to-end dedicated Internet solution called Ready, Set, Connect!(SM), consisting of Internet access services, bandwidth and support from Frontier, and equipment solutions from Cisco.



To: Racso who wrote (1946)9/13/1999 10:27:00 PM
From: TechMkt  Read Replies (1) | Respond to of 15615
 
Here are some FAQ's from the GBLX web site. Very good site located at globalcrossing.com. It's worth a visit to see the magnitude and shear genius of their business idea. I see GBLX as the DELL of the telcom industry. Nimble, efficient, well managed and customer oriented.

Fez
__________________________________
What is Global Crossing's business?

Global Crossing is the world's first integrated global fiber optic network provider. Upon completion of our currently announced systems, Global Crossing will provide city-to-city communications connectivity among 159 top metropolitan cities worldwide.

What systems have you announced?

Global Crossing has announced six undersea systems and two terrestrial systems at the present. The undersea systems are: 1). Atlantic Crossing (AC-1), 2). Pacific Crossing (PC-1), 3). Mid-Atlantic Crossing (MAC), 4). Pan American Crossing (PAC), 5) South American Crossing (SAC), and 6) Atlantic Crossing 2 (AC-2), . The terrestrial systems are: 1). Pan European Crossing (PEC) and 2). Global Access Limited (GAL) in Japan.

How are you different from other fiber optic networks?

As mentioned earlier, Global Crossing is the world's first integrated global fiber optic network provider. Additionally, we are a "Carrier's carrier". Most of the existing undersea networks are built by consortiums, unlike Global Crossing.
Global Crossing is a wholesaler to other telecommunication companies. We do not provide retail services.

Global Crossing is a start-up company. When are you planning to start providing services and when will you be profitable?

Yes, Global Crossing is a start-up company and we have been providing services since AC-1 commenced operation in May 1998. For quarter ended December 31, 1998, Global Crossing reported $51.6 Million Net Income Applicable to Common Stockholders.

How is Global Crossing financing its ambitious plan with the currently announced six projects?

The currently announced projects are fully financed. Global Crossing has raised over $4 billion in funding with it's Bond Offering of $800 Million, Initial Public Offering of $400 Million, Preferred Stock Offering of $500 Million, and project financing.

Does Global Crossing have a direct stock purchase program?

Global Crossing does not have this program at the present time. We are looking into the possibility of establishing such a program.



To: Racso who wrote (1946)9/15/1999 8:41:00 PM
From: TechMkt  Read Replies (2) | Respond to of 15615
 
Here is some interesting info from the GBLX web page that explains their projects (crossing)

Fez
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MAJOR CROSSINGS

To date, these Global Crossing fiber optic cable systems have been announced:

ATLANTIC CROSSING (AC-1) - Atlantic Crossing (AC-1) is a 40 gigabits capacity system linking the US, the UK, the Netherlands and Germany. The initial link between the US and the UK went into commercial service in May, 1998, ahead of schedule. This full self-healing ring was completed in February 1999. AC-1 uses advanced wavelength division multiplexing technology to meet the capacity demand on the high-volume North Atlantic corridor. A commitment to build Atlantic Crossing 2 (AC-2) was announced in March of 1999.

MID-ATLANTIC CROSSING (MAC) - Mid-Atlantic Crossing (MAC) is a two-fiber-pair system that will link the continental US and US Virgin Islands. The full-self healing ring is scheduled to be in service by December 1999. MAC uses wavelength division multiplexing technology to provide 20 gigabits initial capacity.

PAN-AMERICAN CROSSING (PAC) - Pan-American Crossing (PAC) is a two-fiber-pair system that will link the West Coast of the US, Mexico, Panama, Venezuela and St. Croix. Full operation to all stations in the system is scheduled for February 2000. PAC also uses wavelength division multiplexing technology to provide 20 gigabits initial capacity.

PACIFIC CROSSING (PC-1) - Pacific Crossing (PC-1) is a four-fiber-pair system that will link the US and Japan in December 1999. The full self-healing ring is scheduled to be in service by July 2000. PC-1 uses advanced wavelength division multiplexing technology to provide 80 gigabits initial capacity. Global Crossing Ltd., a 58% owner of this system, has partnered with the Marubeni Corporation in a joint venture to construct and operate PC-1.

PAN EUROPEAN CROSSING (PEC) - In October 1998, Global Crossing announced plans for its fifth system, Pan European Crossing (PEC), which is primarily a terrestrial system. This 10.100 kilometer terrestrial network will interconnect 24 of the top European cities' metropolitan centers to each other and to AC-1, and consists of at least 24 to 72 fiber-pair cables that will be newly built so that each fiber pair can carry 10 gigabits on each of 40 wavelengths. This allows for a minimum transport capacity of 9,600 gigabits. Pan European Crossing is an important addition to the global network and lays a foundation for further expansion in Europe. The company is already considering expansion to Central and Eastern Europe, Spain, the Baltic region, and Russia.

GLOBAL ACCESS LIMITED (GAL) - In December of 1998, Global Crossing announced a terrestrial system that will connect the largest Japanese cities: Global Access Limited (GAL). Global Crossing will own 49 percent and Marubeni Corporation will retain a 51 percent interest in the company. The state-of-the-art network of approximately 1,300 route kilometers, will link Tokyo, Osaka and Nagoya with the cable stations of Pacific Crossing (PC-1) which connects to the United States, Europe, and Latin America.

SOUTH AMERICAN CROSSING (SAC) ? In March of 1999, Global Crossing announced South American Crossing (SAC), a subsea and terrestrial fiber optic network directly linking the major cities of South America with the United States, Mexico, Central America, the Caribbean, Asia and Europe.