Published:
Global Crossing's Next Generation IP Network Extended to Latin America for Robust IP Traffic Growth
FLORHAM PARK, N.J., April 9, 2008 /PRNewswire-FirstCall/ -- Global
Crossing (Nasdaq: GLBC), a leading global IP solutions provider, today
announced it has expanded its ability to address enterprise and carrier
customers' growing demand for bandwidth-intensive applications and converged
Internet Protocol (IP) services inLatin America.
"We're responding to the continuing strong demand for IP services that
give enterprises the ability to connect globally with colleagues, customers
and suppliers, and that give end users an enhanced experience with
applications such as video streaming, music and video downloads. These are
the main drivers for our IP network expansion," said John Legere, Global
Crossing's chief executive officer. "Our IP Supercore platform transports
Internet traffic around the globe with higher performance and also allows us
to integrate the former Impsat IP network, providing seamless connectivity to
all our customers in the region."
Global Crossing is supplementing the core functionality of its
MPLS-network backbone with "Supercore" routing platforms. In addition to the
Supercore routers already installed in St. Croix, USVI and Fort Amador,
Panama, the company now has installed these routers inBuenos Aires,Santiago
andSao Paulo, as well. This triples PoP-to-PoP core capacity and enables
OC192 (10 Gbps SONET) connections on the company's South American Crossing
(SAC) undersea fiber-optic cable system, which ringsLatin America. Immediate
benefits to customers include a core architecture that can transport high
capacity IP traffic, handle the rising demand for 10 Gbps Ethernet services,
and significantly expand beyond 10 Gbps capacity without the delays caused by
forklift upgrades.
According to IDC, a leading provider of global IT research and advice, the
Latin American market for enterprise IP services is projected to increase from
$2.94 billion in 2008 to $4.3 billion in 2011, growing at an annualized rate
of 10.1 percent. "We're seeing strong enterprise adoption of IP and Ethernet
services acrossLatin America," said Diego Anesini, telecom consulting and
research manager for IDC. "The region is well-poised for sustained growth in
next generation enterprise telecom services driven by convergence and
virtualization, a trend that is bolstered by a relatively positive economic
outlook."
Global Crossing's advanced fiber-optic MPLS-te network is the platform of
choice for converged IP services including Voice over Internet Protocol
(VoIP), Internet Protocol Virtual Private Network (IP VPN) and IP video. The
company's suite of solutions is designed to meet the exacting performance and
reliability requirements of its customers and partners around the world.
The SAC system includes approximately 12,000 route miles (20,000 Km) of
fiber-optic cable and landing stations in St. Croix, USVI;Fortaleza, Brazil;
Rio de Janeiro, Brazil; Santos,Brazil; Las Toninas,Argentina; Valparaiso,
Chile; Lurin,Peru; Fort Amador,Panama; and Puerto Viejo,Venezuela. Fort
Amador and Puerto Viejo are shared by Global Crossing's Pan American Crossing
(PAC) undersea system. Last month, Global Crossing announced that it had
expanded SAC by 100 Gbps of transport capacity.
ABOUT GLOBAL CROSSING LATIN AMERICA
Global Crossing's Latin American business has operations inArgentina,
Brazil,Chile,Colombia,Ecuador,Panama,Peru,Mexico,Venezuela andthe
United States (Florida). In addition to its IP-based fiber-optic network,
Global Crossing's regional infrastructure includes 15 metropolitan networks
and 15 world-class data centers located in the main business centers ofLatin
America.
Global Crossing's reach and experience inLatin America allow it to
address the particularities of the region and deliver the solutions each
company needs. The company provides services to a variety of customers,
including medium and large companies and corporations, institutions and
government entities, and telecommunications operators.
ABOUT GLOBAL CROSSING
Global Crossing (Nasdaq: GLBC) provides telecommunications solutions over
the world's first integrated global IP-based network. Its core network
connects approximately 390 cities in more than 30 countries worldwide, and
delivers services to approximately 690 cities in more than 60 countries and 6
continents around the globe. The company's global sales and support model
matches the network footprint and, like the network, delivers a consistent
customer experience worldwide.
Global Crossing IP services are global in scale, linking the world's
enterprises, governments and carriers with customers, employees and partners
worldwide in a secure environment that is ideally suited for IP-based business
applications, allowing e-commerce to thrive. The company offers a full range
of data, voice and security products to approximately 40 percent of the
Fortune 500, as well as 700 carriers, mobile operators and ISPs. Its
Professional Services and Managed Solutions provide VoIP, security and network
consulting and management services to support its Global Crossing IP VPN
service and Global Crossing VoIP services. Global Crossing was the first
global communications provider with IPv6 natively deployed in both its private
and public backbone networks.
Please visit www.globalcrossing.com or blogs.globalcrossing.com/ for more
information about Global Crossing.
Statements in this press release about expected future events and
financial results are forward-looking and subject to risks and uncertainties
that could cause the actual results to differ materially, including risks
referenced from time to time in the company's filings with the Securities and
Exchange Commission. Global Crossing undertakes no duty to update information
contained in this press release or in other public disclosures at any time.
CONTACT GLOBAL CROSSING:
Press Contacts
Rich Larris
+ 1 973 937 0153
PR@globalcrossing.com
Fernanda Marques
Latin America
+ 55 11 3957 2042
LatAmPR@globalcrossing.com
Jo Baker
Europe
+ 44 (0) 1256 732387
EuropePR@globalcrossing.com
Analysts/Investors Contact
Suzanne Lipton
+ 1 800 836 0342
glbc@globalcrossing.com
GEN/PR1
SOURCE Global Crossing
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