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1999 PRESS RELEASES
Global Crossing's news releases are archived on this Web site for historical purposes. While the information in the releases was accurate at the time of release, information regarding the matters discussed in the releases, including material information, changes over time. Information in a release may, therefore, no longer be accurate or in effect after the date of the release, and Global Crossing undertakes no duty to update such information.
December 23, 1999
Asia Global Crossing Awards East Asia Crossing Contruction Contract to KDD-SCS Inc.
December 21, 1999
Asia Global Crossing and Global Bandwidth Solutions Announce Completion of Pacific Ocean Subsea and Japanese Terrestrial Cable Systems
December 17, 1999
Global Crossing Ltd. Declares Dividends on its Cumulative Convertible Preferred Stock
December 16, 1999
NextWave Telecom Announces $1.6 Billion of Financial Investments and Strategic Partnerships
December 16, 1999
Global Crossing Names John A. Scarpati Chief Administrative Officer
December 14, 1999
Global Crossing Completes Contruction of Phase One of 7,200-Kilometre, 13-City European Terrestrial Network
December 13, 1999
GlobalCenter Launches Global Commerce Service Strategy to Enable Scalability of .com Businesses
December 8, 1999
Global Crossing Ltd. Announces Launch of $500 Million Convertible Preferred Stock Offering
December 6, 1999
Leo Hindery Joins Global Crossing as Chairman and CEO of GlobalCenter
November 26, 1999
Global Crossing, Softbank and Microsoft Complete Formation of Asia Global Crossing
November 24, 1999
Global Crossing Completes Acquisition of Racal Telecom
November 17, 1999
Global Crossing Holdings Ltd. Declares Dividend on its Senior Exchangeable Preferred Stock
November 16, 1999
Global Crossing Appoints New VP for Western Region Sales
November 15, 1999
Hutchison Whampoa and Global Crossing Form US$1.2 Billion (HK$9.3 Billion) Fixed-Line Telecommunications and Internet 50/50 Joint Venture in Hong Kong
November 12, 1999
Global Crossing Holdings Announces the Offering of $2 Billion of Senior Notes
November 11, 1999
Global Marine Systems and A.P. Moller/Maersk Supply Service, Agree to Strategic Arrangement for Provision of Cable Ships
November 5, 1999
Global Crossing Wins Five Awards at Telecon West '99 Including Best Audioconferencing Service and Best Marketing & Advertising for 1999
November 4, 1999
Global Crossing Announces Early Termination of Hart-Scott-Rodino Waiting Period Related to its Acquisition of Racal Telecom
November 4, 1999
Global Crossing Demonstrates Open System With IP Routers and OC-192 WDM
November 4, 1999
Global Crossing's Acquisition of Racal Telecom Approved by Racal Shareholders
November 3, 1999
Global Crossing Introduces Ready-Access to Provide Full Conference Call Control to Canadian Customers at Telecon West 99
November 2, 1999
Global Crossing Launches Wholesale ATM
November 2, 1999
Global Crossing Puts IP Network in Hyperdrive
November 1, 1999
Global Crossing Positions PriorityConnect to Lead Dedicated Internet Access Market
October 27, 1999
Global Crossing Announces Record Revenues, $2 Billion Sales Backlog, Following Merger With Frontier
October 25, 1999
Global Crossing's New WebSaver Plan Leverages Power of Internet to Fuel E-Business
October 18, 1999
National 'Head Start' Selects Global Crossing for Dedicated Internet
October 13, 1999
Global Crossing Chosen as Charter Member of New SunTone Architectural Council
October 12, 1999
Global Crossing Selected by MP3.com for Web Site Hosting
October 11, 1999
Global Crossing to Acquire Racal Telecom for 1 Billion Pounds Sterling
October 11, 1999
Global Crossing Awards European Network Maintenance Contract to Alcatel
October 7, 1999
Clayton Assumes Responsibility of Global Crossing's North American Operations
October 6, 1999
Global Crossing Announces New Worldwide Global Centers
October 6, 1999
Global Crossing Christens North American Crossing Network
September 30, 1999
Global Crossing Names Gary Winnick Chairman of the Board
September 28, 1999
Global Crossing Completes Merger With Frontier
September 22, 1999
Global Crossing Shareholders Approve Merger With Frontier Corporation
September 22, 1999
Global Crossing will be Listed in Standard &: Poor's 500 Index
September 21, 1999
Federal Communications Commission Approves Global Crossing - Frontier Merger
September 17, 1999
New York Public Service Commission Unanimously Approves Global Crossing - Frontier Merger
September 16, 1999
Global Crossing Network Centre Established in London Docklands
September 16, 1999
Global Crossing to Showcase Network Expansion and Value Added Capabilities at Telecom 99 + Interactive 99
September 15, 1999
Global Crossing Acquires Rights to New York Fiber Network
September 10, 1999
Proxy Advisory Firm Recommends That Frontier and Global Crossing Stockholders Vote in Favor of Merger
September 6, 1999
Global Crossing Becomes New Partner in Joint Venture With China Telecom; Co-Owners of SBSS Submarine Cable Company
September 2, 1999
Global Crossing and Frontier Amend Merger Agreement to Increase Deal Certainty
August 31, 1999
Global Crossing Ltd. to Join NASDAQ-100 Index Beginning September 9, 1999
August 25, 1999
Global Crossing Completes Upgrade on Trans-Atlantic Route
August 17, 1999
Global Crossing Advances South American Crossing; Alcatel Will Supply Advanced Ring System; IMPSAT Will Provide Trans-Andean Section
August 12, 1999
Global Crossing Names John L. Comparin Senior Vice President - Human Resources
August 10, 1999
Global Crossing Launches US$100 Million Customer Finance Program with Newcourt Capital
August 5, 1999
Global Crossing Sets Shareholder Meeting for September 22
August 3, 1999
Global Crossing Announces Strong Results for Second Quarter
July 26, 1999
Global Crossing Advances Pan European Crossing; Necessary Licenses Obtained; Construction Proceeding on Schedule
July 18, 1999
Shareholder Letter: Global Crossing Drops Bid for U S WEST; Frontier Merger Agreement Intact
July 12, 1999
Global Crossing Revenues to Exceed Analysts' Estimates
July 5, 1999
Global Crossing Receives $80 Million Capacity Purchase From Irish Government; Will Build Advanced Undersea Cable System for Ireland
July 5, 1999
Global Crossing Completes $850 Million Acquisition of Cable & Wireless Global Marine
July 1, 1999
Global Crossing Permits U S WEST to Enter Discussions With Qwest
June 30, 1999
Global Crossing Remains Committed to Frontier Merger Agreement; Plans to Take No Action at Present Time
June 24, 1999
Global Crossing Holdings Ltd. Announces Close of Consent Solicitation
June 23, 1999
Global Crossing Statement
June 21, 1999
Global Crossing Holdings Ltd. Announces Extension of Consent Solicitation Period and Increase in Consent Payment
June 21, 1999
Global Crossing Pleased by U S WEST'S Reaffirmation of Support for Merger With Global Crossing
June 17, 1999
Global Crossing Pleased By Frontier Decision to Move Toward a 'Prompt Closing' of Merger as Planned
June 15, 1999
Global Access Ltd. Accelerates Cable-Laying for Pacific Crossing; Second Successful Japanese Cable Landing Scheduled for Today
June 14, 1999
Global Crossing Statement
June 14, 1999
Global Crossing Holdings Ltd. Announces Extension of Consent Solicitation Period
June 11, 1999
Global Crossing Holdings Ltd. Announces Extension of Consent Solicitation Period and Increase in Consent Fee
June 4, 1999
Africa ONE to Build Fiber-optic Ring Around Africa
May 26, 1999
Global Crossing Holdings Ltd. Announces Consent Solicitation
May 24, 1999
Global Crossing Holdings Ltd. Declares Dividend on its Senior Exchangeable Preferred Stock
May 21, 1999
Global Crossing Insiders to Limit Participation in U S WEST Tender Offer
May 17, 1999
Global Crossing and U S West to Merge
April 29, 1999
Tyco Submarine Systems Ltd. Selected as Supplier for Global Crossing $700 Million Dollar Supply Contract for the South American Crossing Cable System
April 28, 1999
Global Crossing Announces First Quarter Results; Accelerates Pacific Crossing Connecting Asia and the Americas
April 26, 1999
Global Crossing to Acquire Global Marine Subsidiary of Cable & Wireless
March 24, 1999
Global Crossing to Add New 2.5 Terabit-Per-Second Atlantic Cable Huge Capacity; $500-Million Cable Will Meet Soaring Demand in Europe
March 17, 1999
Global Crossing and Frontier Announce $11.2 Billion Merger
March 11, 1999
Global Crossing to Construct $1-Billion System Connecting Major South American Cities to its Worldwide Network
March 3, 1999
Global Crossing Expands Pan European Network to 24 Cities and Secures Additional Rights of Way
February 24, 1999
Global Crossing Names Robert Annunziata Chief Executive Officer
February 3, 1999
Global Crossing Ltd. Announces 2 for 1 Stock Split
February 1, 1999
Global Crossing Ltd. Passes $1 Billion Mark for Contract Sales on Global Fiber-optic Network
January 26, 1999
Global Crossing and Lucent Technologies Reach Broad Agreement
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