Luxembourg Network Expansion Attracts New Customers
Luxembourg, August 5 — Global Crossing (NASDAQ: GLBC), a leading global IP solutions provider, today announced it has been selected to provide high-speed Internet connectivity for Broadcasting Center Europe (BCE), a European leader in technical services for the media and broadcasting sectors.
Under the terms of the deal, Global Crossing will supply Dedicated Internet Access (DIA) to the company as well as Ethernet point-to-point services. These services will improve the organisation’s connectivity, telecommunications infrastructure and network performance. The project will allow BCE to run both voice and data traffic between multiple sites, reliably and quickly, while the improved Internet access will make it easier to transfer the large files involved in post-production media services.
“With more than 200 employees and over 400 clients worldwide, large amounts of data are transmitted and exchanged across our network on a daily basis,” said Jean-Alain Jachiet, Head of System, Telecom & Network Solutions at BCE. “We are convinced that these new services will have an important impact on our business – both in the way our employees are able to work, and in the level of service we can provide to our customers. We’ll also fully benefit from increased network resilience and potential cost savings as our whole telecoms network operates more efficiently.”
The announcement reflects Global Crossing’s expanded local presence and progress since becoming a member of LU-CIX, the Luxembourg Commercial Internet Exchange. This network expansion allows enterprises, carriers and service providers located within the country access to a unique and secure IP network globally.
Ted Higase, managing director of EMEA for Global Crossing, commented on the success and significance of the partnership: “We are delighted to be working with BCE and helping them to build the pathways they need for future success. We are committed to providing first-class services to a commercially significant region, and are working together with BCE and other customers and partners to develop Luxembourg into a major European IT, telecommunications and Internet hub.”
Higase continued, “This partnership and our recent investments in this region are extremely important to Global Crossing. In signing this deal, we are very proud to have been selected to provide services to such an important and established organisation and look forward to continuing our work with both BCE and other businesses within the region.”
Global Crossing also is working with BCE as a partner in other areas. As an IT service provider specialised in providing service to the largest broadcasters in Europe, BCE also operates a large co-location data centre within Luxemburg. Recently, Global Crossing announced it had opened a new Point of Presence at the BCE data centre with the installation of a new Global Crossing EtherExtend(sm) Flex Access Service Router (ASR). The ASR provides Ethernet access to Global Crossing’s EtherSphere(tm) Virtual Private Line Service (VPLS), Layer 3 IP MPLS Virtual Private Network (IP VPN) service, as well as Dedicated Internet Access.
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.
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This press release contains statements about expected future events and financial results that are forward-looking and subject to risks and uncertainties that could cause the actual results to differ materially, including; increased competition and pricing pressures resulting from technology advances and regulatory changes; competitive disadvantages relative to competitors with superior resources; the impact on the business of an economic downturn or recession; dependence on a number of key personnel; potential weaknesses in internal controls of acquired businesses, and difficulties in integrating internal controls of those businesses with GCUK’s internal controls; the concentration of revenue in a limited number of customers, and the rights of such customers to terminate their contracts or to simply cease purchasing services thereunder; the influence of the company’s parent, and possible conflicts of interest of the parent or of certain of GCUK’s directors and officers; our ability to raise capital through financing activities; exposure to contingent liabilities; and other risks referenced from time to time in GCUK’s filings with the Securities and Exchange Commission. GCUK undertakes no duty to update information contained in this press release or in other public disclosures at any time.
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