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

To: matt dillabough who wrote (11649)	6/6/2001 7:44:20 AM
From: matt dillabough	Read Replies (1) \| Respond to of 15615

ISSUER: GLOBAL CROSSING LTD SYMBOL: GX FILER: PACIFIC CAPITAL GROUP INC TITLE: Officer and Director BROKER: GOLDMAN SACHS & CO RESTRICTED SHARES TO SELL: 9,976,781 DATE REGISTERED: 05/29/01 The Form 144 is filed with the Securities and Exchange Commission to reflect the intention of any holder of restricted stock to sell those shares. After the 144 is received by the S.E.C., the filer is permitted to sell the shares, or any fraction of them, within 90 days. Provided by: Washington Service 202/778-1380 or www.washserv.com (END) DOW JONES NEWS 06-06-01 12:03 AM SOURCE: Form 144 ISSUER: GLOBAL CROSSING LTD SYMBOL: GX FILER: WALSH DAVID TITLE: Officer BROKER: MERRILL LYNCH & CO INC RESTRICTED SHARES TO SELL: 672,789 DATE REGISTERED: 06/04/01 The Form 144 is filed with the Securities and Exchange Commission to reflect the intention of any holder of restricted stock to sell those shares. After the 144 is received by the S.E.C., the filer is permitted to sell the shares, or any fraction of them, within 90 days. Provided by: Washington Service 202/778-1380 or www.washserv.com (END) DOW JONES NEWS 06-06-01 12:03 AM

To: matt dillabough who wrote (11649)	6/6/2001 8:34:27 AM
From: TechMkt	Read Replies (1) \| Respond to of 15615

Global Crossing Connects Caracas, Venezuela to Global Fiber Optic Network CARACAS, Venezuela & MIAMI--(BUSINESS WIRE)--June 6, 2001-- - The company is now offering capacity and services from Caracas to major cities in the Americas, Europe and Asia. - Capacity and services will be available to carriers and multinational corporations in Caracas, Venezuela and throughout Latin America and the Caribbean. Global Crossing Ltd. (NYSE:GX) today announced that it has connected Caracas, Venezuela to its worldwide fiber optic network and is offering bandwidth and telecommunications services to carriers and multinational corporations in the country. The company is already operational in major telecommunications markets in the region, including Mexico, Argentina, Brazil, Chile and Panama. Global Crossing has invested more than $2 billion dollars in building and operating its fiber optic network in Latin America, of which roughly $70 million is being utilized on current capital expenditures for Venezuela. "We are the only broadband services provider with its own, seamless global network that will reach four continents and more than 200 major business centers worldwide," said Jose Antonio Rios, Global Crossing's president for Global Crossing, Latin America and Caribbean. "We have already found the Venezuelan market to be extremely receptive to our product offerings. We expect to be a driving force in the country's continuing growth by providing our customers with the most competitive and reliable menu of IP-based telecom services." Global Crossing's terrestrial network in Venezuela spans more than 147 kilometers and connects to the company's extensive subsea and terrestrial fiber optic network in the Americas, Europe and Asia, enabling connectivity at light speed for carriers and multinational business customers. From its cable landing station in Puerto Viejo, the Global Crossing network travels terrestrially to a secure telehouse in the capital city of Caracas, where customers can access the network and interconnect to local loop providers. "We are delighted to participate in the development of infrastructure and connectivity to meet the demands of Venezuela's growing economy, which is why we are so thrilled and optimistic to begin providing services and offering access to our global network," said Aura Cecilia Rengifo, Global Crossing's managing director for the Andean Region. "The types of bandwidth intensive applications that are being utilized and developed today require a highly advanced network that can take customers anywhere they want to go in the world. This is the business model that Global Crossing has developed so successfully." Since it began offering telecom services in Latin America and the Caribbean in early 2000, the company has grown its client roster significantly, adding such industry leaders as AT&T Latin America Corp., Impsat Fiber Networks, Lockheed Martin Global Telecommunications, Cable Onda, Centennial Communications, Techtel and others. Global Crossing received its operational license in Venezuela from La Comision Nacional de Telecomunicaciones (Conatel) in March 2001.