FLORHAM PARK, N.J., May 24 /PRNewswire-FirstCall/ -- Global Crossing (NASDAQ: GLBC), a leading global IP solutions provider, today announced it is adding capacity on both its North American terrestrial network and its Atlantic Crossing 1® (AC-1®) subsea network.
"The investments we are making are in response to the continuing customer demand we're experiencing across our global network," said John Legere, Global Crossing's chief executive officer. "Demand for broadband services continues to rise and emerging markets also are driving increased growth."
Global Crossing's North America terrestrial network comprises more than 17,000 route miles of lit fiber. The company is adding incremental capacity on strategic routes to its existing footprint, as well as two new routes: Seattle to Sacramento and Indianapolis to Atlanta. The upgrade will provide customers with lower latency routes, diversity options, 10Gbps and 10GigE wavelengths, and competitive pricing. The new capacity is scheduled to be ready for service by June 30, 2010.
During the first half of 2009, Global Crossing added transport capacity to its AC-1 Northern and Southern routes to meet rapidly growing customer demand for Internet Protocol (IP) and Ethernet transport, and to enhance connectivity between North America and Europe. Now, Global Crossing is adding additional capacity on AC-1 South, which connects Brookhaven, New York, to the United Kingdom via a self-healing ring using Wavelength Division Multiplexing technology. The new capacity is planned for service this summer.
"Bandwidth intensive applications, such as content delivery, social media, remote storage, and packet voice and data are increasingly important to our customers, and driving greater demand for global transport," said Jim Poore, Global Crossing's vice president, Transport Product Management. "This transport capacity increase allows us to keep pace with and stay ahead of the demand curve."
The AC-1 and AC-2® submarine cable network spans more than 13,000 miles, connecting the United States to the United Kingdom, the Netherlands and Germany, providing more diverse transatlantic routes than other systems. Global Crossing's terrestrial and subsea systems link key business centers over direct routes to deliver the low latency and high throughput demanded by customers in today's global business markets.
The Atlantic Crossing is part of a complete worldwide undersea cable network. Other undersea systems include the UK-Ireland across the Irish Sea; the Mid-Atlantic Crossing® (MAC®), connecting AC-1 to St. Croix and Florida; the South American Crossing® (SAC®) along both continental coasts; and the Pan American Crossing® (PAC®) connecting California, Mexico, Panama and Costa Rica.
These systems, owned and operated by Global Crossing, provide superior performance backed by a Service Level Agreement; service available as 2.5G and 10G, full GigE (unprotected) and 10GigE wavelengths; diverse routing from other subsea systems; extended inland reach to major cities and hubs; 24/7 network monitoring service and support; competitive service guarantees for reliability and on-time provisioning.
ABOUT GLOBAL CROSSING
Global Crossing (NASDAQ: GLBC) is a leading global IP and Ethernet solutions provider with the world's first integrated global IP-based network. The company offers a full range of data, voice and collaboration services with an industry leading customer experience and delivers service to approximately 40 percent of the Fortune 500, as well as to 700 carriers, mobile operators and ISPs. It delivers converged IP services to more than 700 cities in more than 70 countries around the world.
Please visit www.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.
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