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Global Crossing Applauds FCC's Release of National Broadband Plan

Poster: SySAdmin
Posted on March 16, 2010 at 11:35:01 AM
Global Crossing Applauds FCC's Release of National Broadband Plan

FLORHAM PARK, N.J., March 16 -- Global Crossing (NASDAQ:GLBC), a leading global IP solutions provider, today applauded the Federal Communications Commission (FCC) for releasing its National Broadband Plan.  The plan details a potential roadmap for expanding broadband deployment throughout the United States and is the result of an extensive effort by the FCC to examine a wide range of issues that impact broadband deployment.

As a Tier 1 Internet backbone operator and a provider of advanced IP services to telecommunications-intensive businesses, Global Crossing shares the FCC's goal of expanding broadband deployment.

"The FCC is to be commended on its thorough effort to produce the National Broadband Plan," said John Legere, chief executive officer of Global Crossing. "The Commission identified many important policy changes that are required to realize the vision of a broadband future.  Global Crossing looks forward to working with the Commission and Congress to make these changes a reality as soon as practicable."

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.

Website Access to Company Information

Global Crossing maintains a corporate website at http://www.globalcrossing.com, and you can find additional information about the company through the Investors pages on that website at http://investors.globalcrossing.com/.  Global Crossing utilizes its website as a channel of distribution of important information about the company.  Global Crossing routinely posts financial and other important information regarding the company and its business, financial condition and operations on the Investors web pages.

Visitors to the Investors web pages can view and print copies of Global Crossing's SEC filings, including periodic and current reports on Forms 10-K, 10-Q and 8-K, as soon as reasonably practicable after those filings are made with the SEC.  Copies of the charters for each of the standing committees of Global Crossing's Board of Directors, its Corporate Governance Guidelines, Ethics Policy, press releases and analysts presentations are all available through the Investors web pages.

Please note that the information contained on any of Global Crossing's websites is not incorporated by reference in, or considered to be a part of, any document unless expressly incorporated by reference therein.

  CONTACT GLOBAL CROSSING:

  Press Contacts
  Michael Schneider
  + 1 973 937 0146
  Michael.Schneider@globalcrossing.com

  Analysts/Investors Contacts
  Mark Gottlieb
  + 1 800 836 0342
  glbc@globalcrossing.com

  GEN/PR1

Source: Global Crossing
   

CONTACT:  Press: Michael Schneider, +1-973-937-0146,
Michael.Schneider@globalcrossing.com, or Analysts/Investors: Mark Gottlieb,
+1-800-836-0342, glbc@globalcrossing.com

Web Site:  http://www.globalcrossing.com/
 
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