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Global Crossing Venezuela Upgrades Its IP Platform
Company responds to customers' demands for broadband and 3G services.
Caracas, Venezuela - April 6, 2009 -- Global Crossing (NASDAQ: GLBC), a leading global IP solutions provider, today announced it has upgraded its primary IP platform in Caracas to provide greater Internet access service capacity.
During the past year, Internet traffic has significantly grown in Venezuela due to customer demand for more broadband applications, such as streaming video, IP TV, VoIP and music downloads.
"This is why we decided to implement this upgrade, not only to ensure our current users' service demands are met, but to prepare the ground for third generation (3G) mobile service Internet traffic," said Gisela Gómez, Global Crossing's carriers' sales director in Venezuela. "In the last few years we have seen our carrier customers migrate their IP ports from 155 Megabits per second (Mbps) to 1 Gigabit and 10 Gigabit ports due to significant Internet traffic growth."
Accordingly, Global Crossing has upgraded its IP backbone globally with high performance 10 Gigabit per second (10 Gbps) routers. Each IP node has multiple 10 Gbps connections to provide high IP capacity as well as redundancy and route diversity. Access routers offer 10 Gigabit Ethernet connections to our customers, and a higher density of 1 Gigabit Ethernet ports.
In addition, Global Crossing has begun adding capacity to its subsea network systems. Recently the company announced the upgrade of its Atlantic Crossing (AC-1®) subsea network system. This expansion benefits customers located in Venezuela, as well as all countries in the region, providing improved Internet, IP VPN, and collaboration services (voice, video, videoconference) performance.
ABOUT GLOBAL CROSSING
Global Crossing (NASDAQ: GLBC) is a leading global IP solutions provider with the world's first integrated global IP-based network. The company offers a full range of secure data, voice, and video products to approximately 40 percent of the Fortune 500, as well as to 700 carriers, mobile operators and ISPs. It delivers services to more than 690 cities in more than 60 countries and six continents around the globe.
In Latin America, Global Crossing´s business has operations in Argentina, Brazil, Chile, Colombia, Ecuador, Panama, Peru, Mexico, Venezuela, the United States (Florida) and the Caribbean region. In addition to its IP-based, fiber-optic network, Global Crossing's regional infrastructure includes 15 metropolitan networks and 15 world-class data centers located in the main business centers of Latin America.
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
Paula Vivo
Latin America
+ 55 11 3957 2424
paula.vivo@globalcrossing.com
Rich Larris
North America
+ 1 973 937 0153
richard.larris@globalcrossing.com
Analysts/Investors Contact
Antonio Suarez
+ 1 973 937 0233
glbc@globalcrossing.com
Press Contact in Venezuela
Mabel Angarita Vivas
Smartcom Comunicación Integral
Caracas, Venezuela
+ 58 212 992.86.20 / 97.21 Ext. 108
smartcom-rrpp@cantv.net
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