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

To: JDN who wrote (5358)	4/11/2000 8:38:00 AM
From: TechMkt	Read Replies (1) \| Respond to of 15615

None of the other fiber layers are addressing the South American market. IMO, GBLX will have this market cornered. Fez ____________________________ IMPSAT Fiber Networks Announces Contract With Global Crossing for Joint Solutions for Broadband Connectivity in Latin America BUENOS AIRES, Argentina--(BUSINESS WIRE)--April 11, 2000-- - The new agreement represents the realization of one of the initiatives set forth in the framework agreement signed by both companies in August 1999 - IMPSAT will provide Global Crossing with backhaul facilities and maintenance in the cities of Rio de Janeiro and Sao Paulo - The agreement is provided on a IRU-basis, mostly over IMPSAT proprietary Broadband Network - As an added benefit resulting from the agreement, IMPSAT will extend the scope of its Broadband Network by 187 kilometers in the area of Sao Paulo, which allow it to close a ring between this city and the city of Santos IMPSAT Fiber Networks, Inc. ("IMPSAT" or the "Company") (NASDAQ: IMPT),a leading provider of data transmission and private telecommunications network services in Latin America currently deploying a pan-regional Broadband Network, today announced the signing of a contract with Global Crossing Ltd. (NASDAQ: GBLX), owner and operator of the first global IP fiber optic network, for the provision of the connection between Global Crossing's landing points in the Brazilian cities of Rio de Janeiro and Sao Paulo with its PoPs to be co-located in IMPSAT's telehouses. The contract signed by the two companies, which represents the realization of one of the initiatives set forth in the comprehensive framework agreement reached by both parties in August 1999, states that IMPSAT will provide Global Crossing with backhauls on an IRU (indefeasible rights of use)-basis and maintenance services for Global Crossing's backhauls for a period between 18 and 25 years. The provision includes ducts and Non-Zero dispersion fiber over 426 route kilometers of IMPSAT's own network, plus the construction of 24 kilometers of ducts in Rio de Janeiro, the property of which will remain Global Crossing's. As a result of this operation, IMPSAT adds 187 kilometers of a new duct to its own network, which were not covered in its original network footprint. This segment is located in the area of the Greater Sao Paulo and will allow IMPSAT to close a ring connecting the cities of Sao Paulo and Santos. The Sao Paulo backhaul will consist of the provision of IRUs over a 360-kilometer long two-duct link along two different routes between Global Crossing's PoPs to be co-located in IMPSAT's telehouses in Sao Paulo and the landing point at the city of Santos, for the next 25 years. The Rio de Janeiro backhaul will consist of the provision of IRUs over a 64-kilometer long one-duct stretch of IMPSAT's metrobackbone plus the ad-hoc construction of a 24-kilometer long link between the backbone and the cable station, which will remain the property of Global Crossing. The IRUs over IMPSAT's network are granted for a period of 18 to 20 years. Regarding the contract, Mr. Ricardo Verdaguer, Impsat's CEO, expressed: "Being a partner to Global Crossing in the region is an important recognition for us; Global Crossing is world renowned and the fact that they have repeatedly chosen us on their expansion into Latin America is a validation of the quality and reliability of IMPSAT's services, which we have always strived to achieve".

To: JDN who wrote (5358)	4/11/2000 1:02:00 PM
From: RobertSheldon	Read Replies (1) \| Respond to of 15615

In the summer time the valley I speak of hovers in the high 70s/low 80s, has 150 foot cotton wood trees, 6 foot ferns, a creek running through the middle (all species of salmon, rainbow trout, grayling, dolly varden, white fish), a view of the tallest mountain in North America, 17 miles from the nearest town, hike, boat, or mountain bike in. Also lots of bears, fox, wolves, martin, and other critters. Plenty of birds from bald eagles down to golden crowned sparrows. In the winter it gets down to -30 though . . . that's the only downside according to folks I tell this - to me its the only reason I will be able to buy it for a reasonable price. Again, what's the true value of something? To me the valley is magnificent, to others it is too cold in the winter. At GBLX it is winter time right now.