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Global Crossing Upgrades Mid-Atlantic Subsea Network to Meet Growing Demand
340 Gbps Added on "MAC" Undersea Cable
Florham Park, N.J. - June 17, 2008 -- Global Crossing (NASDAQ: GLBC), a leading global IP solutions provider, today announced it has expanded capacity on its Mid-Atlantic Crossing (MAC®) undersea fiber-optic cable system to meet rapidly growing demand for Internet Protocol (IP) and Ethernet transport among its customers, and to enhance connectivity between North America, Latin America and Europe.
"We continue to make strategic investments in network infrastructure in support of strong growth around the world," said John Legere, Global Crossing's CEO. "And just as we did with our South America Crossing system in March, we are increasing capacity on MAC to handle our carrier and service provider customers' requirement to handle the huge demand for IP connectivity and broadband services, including emerging services such as IPTV and mobile broadband."
Global Crossing has added 340 Gigabits per second (Gbps) of transport capacity on the MAC submarine cable system with the addition of new terminal equipment. The MAC system provides 10 Gbps services with a current design capacity of 1.3 Terabits. The new capacity will enable 10 Gbps IP ports and also Synchronous Digital Hierarchy (SDH) at rates up to 10 Gbps (STM-64).
The system includes approximately 4,600 route miles (7,500 Km) of fiber-optic cable and landing stations in Brookhaven, N.Y., Hollywood, Fla., and St. Croix, U.S.V.I. MAC connects Global Crossing's Pan-American Crossing (PAC®), South American Crossing (SAC®) and Atlantic Crossing 1 (AC-1®) subsea systems to provide full connectivity between North America, Latin America and Europe.
The 340 Gbps of new capacity is available now.
"The increasing capacity requirements on subsea cable systems connecting the continents of the world, driven by the propagation of content-rich network applications and the growth of the Internet, are warranting upgrades to existing routes, as well as construction of new cables on the less served routes," commented Alan Mauldin, research director at TeleGeography Research. "The demand for international bandwidth has averaged 52 percent annual growth between 2002 and 2007, an indicator that the recent phenomenon of subsea capacity investment is principally demand-driven."
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.
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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
Kate Rankin
+ 1 973 937 0417
PR@globalcrossing.com
Fernanda Marques
Latin America
+ 55 11 3957 2042
LatAmPR@globalcrossing.com
Analysts/Investors Contact
Suzanne Lipton
+ 1 800 836 0342
glbc@globalcrossing.com
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