o Strengthens IP network and IP service offering to Austria, Belgium, Germany, Italy, Russia and Spain.
o Expansion driven by customer demand, 300 percent growth in IP VPN.
o Builds on recent expansion to Prague, Vienna and Lisbon.
LONDON, April 10 / -- Global Crossing (NASDAQ:GLBC) announced today that it is strengthening its network and service offering for customers in Europe, North America and Latin America with additional IP gateways in Austria, Belgium, Germany and Spain, and new points of presence (PoPs) in Italy and Russia.
The network extensions connecting to the major exchanges in Moscow and Rome enable Global Crossing to offer its suite of voice and data products to carriers and enterprises in these cities. These new cities add depth to the network and take services geographically closer to the customer.
"Europe is a key part of our global strategy and we're building on our successes in this region by extending both our core and IP network reach," commented Pieter Duijves, managing director Global Crossing Europe. "These extensions are a response to the growing enterprise demand for converged IP services, and this is exactly what our network was built for."
As an indicator of the growth of IP and adoption of convergence, Global Crossing recently announced that its Internet Protocol Virtual Private Network (IP VPN) traffic grew 300 percent in 2005, highlighting the company's success in attracting enterprises and carriers to its high-performance, robust suite of IP solutions. Analysis from The Yankee Group also indicates demand for convergence is increasing.
"Convergence of voice and data traffic onto an IP infrastructure is now a mainstream activity in Europe," commented Caroline Ashley, senior analyst for Yankee Group in Europe. "Almost 70 percent of European enterprises have initiated IP network convergence, and in Germany, a third of large enterprise networks are fully converged."
Yankee Group states that the European IP VPN market was worth $6.4 billion (Euro 5.4 billion) in 2005 but will more than double to $14.5 billion (Euro 12.2 billion) by 2010.
The addition of Rome complements Global Crossing's existing point of presence in Milan and Turin and solidifies Global Crossing's business opportunities not only in Rome, but also throughout central and southern Italy. By giving Italian customers a closer gateway to Global Crossing's network, services will be more cost effective as access costs will be reduced. The newly commissioned point of presence in Rome is already being used to provide service to customers.
Global Crossing further expanded its IP services on the existing footprint with the opening of IP PoPs in Brussels, Madrid, Munich and Vienna. Initially IP Transit and dedicated Internet access services will be available, with the addition of IP VPN expected later in the year. The Madrid and Vienna PoPs are both located in the main data centers in the cities, run by InterXion.
Global Crossing's European IP-based core network now extends to more than 30,000 km across 15 countries, connecting more than 106 towns and cities outside the UK. In addition, Global Crossing has metropolitan networks in the major European cities of London, Dublin, Paris, Amsterdam, Rotterdam, Brussels, Copenhagen, Frankfurt, Milan and Madrid. The Global Crossing Network Operations Centre (GNOC) in London's docklands monitors the operation of Global Crossing's worldwide terrestrial and sub-sea, European and U.K. fiber optic networks. The GNOC is also a major traffic node and equipment collocation facility for European customers.
To augment its new network PoPs, Global Crossing is also continually evaluating ways to extend its reach and increase market coverage via iMPLS(TM) interconnections with partner service providers. To this end, it has established a number of relationships with carriers in countries such as China, South Africa, and India, further enabling Global Crossing to take advantage of emerging markets in these countries.
This latest announcement is part of a wider company program of continued investment in the global, high-bandwidth network that is a key enabler for businesses. Global Crossing recently announced it is adding wavelengths on its Mid Atlantic Crossing (MAC) system, which links North America, Latin America, Europe and the Pacific, ensuring the ongoing delivery of its comprehensive suite of solutions, including advanced converged IP services, to worldwide customers and partners. In March of last year, Global Crossing announced an upgrade to its 10,000-km UK backbone to enable an eight-fold increase in core network capacity, supporting the introduction of new services and the migration of existing managed service customers to a converged IP environment.
Global Crossing's advanced fiber optic MPLS-based network is the platform of choice for fully managed converged IP services including Voice over IP (VoIP), 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 in more than 600 cities in 60 countries.
In addition to consistently delivering 99.999-percent availability -- the industry's highest standard -- Global Crossing recently made network performance history when its multi-gigabit fiber optic network supported the world record in international visualization, a 19.5-Gbps stream between Amsterdam, the Netherlands, and San Diego, California, carrying a single application showing real-time scientific content.
ABOUT GLOBAL CROSSING
Global Crossing (NASDAQ:GLBC) provides telecommunications solutions over the world's first integrated global IP-based network. Its core network connects more than 300 major cities and 30 countries worldwide, and delivers services to more than 600 cities, 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 managed data and voice products including Global Crossing IP VPN Service, Global Crossing Managed Services and Global Crossing VoIP services, to 36 percent of the Fortune 500, as well as 700 carriers, mobile operators and ISPs.
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. The company undertakes no duty to update information contained in this press release or in other public disclosures at any time.
CONTACT GLOBAL CROSSING:
+ 1 973 937 0146
+ 1 305 808 5912
+ 44 (0) 1256 734 063
+ 1 800 836 0342
Source: Global Crossing
CONTACT: Press Contacts - Tisha Kresler, +1-973-937-0146,
PR@globalcrossing.com, or Kendra Langlie, Latin America, +1-305-808-5912,
LatAmPR@globalcrossing.com, Kirstie Phimister, Europe, +44-(0)12-5673-4063,
EuropePR@globalcrossing.com, or Analysts/Investors Contact - Laurinda Pang, 1-
800-836-0342, firstname.lastname@example.org, all of Global Crossing
Web site: www.globalcrossing.com/