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Empresas Chile.com Works with Global Crossing for Internet Telephony
- Global Crossing DIA and Co-location services will optimize Chile.com's Internet Telephony.
- Chile.com implementing VoIP in Argentina, Brazil, Chile, Mexico, Peru, United States and Venezuela.
- New service agreement will enhance the company's data center value-added services in Chile.
Miami/Santiago, Chile - July 26, 2005 -- Global Crossing (NASDAQ: GLBC) announced today that Empresas Chile.com has recently agreed to expand the existing relationship between the two companies by utilizing Global Crossing's Dedicated Internet Access (DIA) and Co-location Services to implement a network to transport Voice over Internet Protocol (VoIP) in Argentina, Brazil, Chile, Mexico, Peru, United States and Venezuela. Signed in February, the new service agreement will also help Chile.com, which has been a customer since 2003, to enhance its data center value-added services in Chile.
Empresas Chile.com is one of the major technology holdings in Chile. It controls various technology companies in the country, among which the portal Chile.com, one of Chile's best known Internet content providers, and Netglobalis, a leader in data center services for small and medium businesses (SMBs).
"We chose to renew and expand our service agreement with Global Crossing because of its unsurpassed network reach and performance, as well as the company's dedicated account team and flexible approach," said Rodrigo Alvarado, director of operations for Empresas Chile.com. "Global Crossing DIA and Global Crossing Co-location Services provide simply the best performance in the market and the perfect fit for our needs."
Global Crossing's secure MPLS-based, global IP network will optimize Chile.com's services to businesses and residential customers by ensuring their Internet traffic follows the shortest path to its destinations. In addition, Global Crossing offers industry-leading performance and reliability, with 99.999 percent service availability.
"Our agreement with Chile.com reinforces Global Crossing's position as the service provider of choice across Latin America for companies that depend on network reliability and true regional presence," said Jose Luis Kruyff, Global Crossing's area vice president, global enterprise sales, Latin America and South Florida. "We strive to provide the best service and solutions to our customers, and look forward to supporting Empresas Chile.com's ongoing requirements for regional connectivity and services."
Global Crossing DIA provides Internet connectivity to all worldwide domains using a meshed network that incorporates true global IP over Multiprotocol Label Switching-traffic engineering (MPLS-te) as a backbone transport technology, providing the ultimate in network resiliency and flexibility. Global Crossing provides customers with always on, direct high-speed connectivity to the Internet at speeds ranging from 56/64 Kbps to OC48/STM16, as well as Fast Ethernet and Gigabit Ethernet on a global basis.
Global Crossing Co-location Service provides a cost-effective alternative to housing and maintaining network infrastructure on a global basis, allowing businesses such as Empresas Chile.com to focus on growing their business and strengthening customer relationships. By using Global Crossing facilities, companies reduce real estate and access costs; safeguard routers, multiplexers, servers, switches and uptime; link sites around the world with the reach and capacity of the world's most extensive IP network; and enjoy 24x7 network reliability provided by worldwide monitoring, service and support.
Global Crossing's significant Latin American presence includes offices and operational facilities in eleven of the region's major cities. Through its redundant subsea and terrestrial cable systems, Global Crossing seamlessly connects South America, Mexico, Central America and the Caribbean to the rest of its global network, delivering services to more than 500 cities in 50 countries around the world.
ABOUT EMPRESAS CHILE.COM
Empresas Chile.com (www.empresas-chile.com) was born in November 2000 under the sponsorship of SOFOFA (the Chilean Federation of Industry), together with PSI Net and supported by CORFO (the governmental entity to promote investments and development). During its first six months, it reached its breakeven point, even while a critical situation was being faced by the dot.com companies. Adding to the growth of the portal Chile.com, this holding has acquired other important companies such as Puntoweb, Carrier 117, Carrier 150, Netglobalis and Latlink.net (DINAMIC). With a growth of over 50 percent per year in revenues, Empresas Chile.com follows a strong path of growing and diversification through additional acquisitions.
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 cities and 30 countries worldwide, and delivers services to more than 500 major cities, 50 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 more than 40 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.
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Statements made in this press release that state the company's intentions, beliefs, expectations, or predictions for the future are forward-looking statements. These statements contain words such as "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," "will," "seek," or similar expressions. Such statements are subject to known and unknown risks, uncertainties and other factors that could cause the actual results to differ materially from those contemplated by the statements, including the conditioning of the company's continued listing on the NASDAQ National Market on its timely filing with the SEC of all periodic reports for all reporting periods ending on or prior to September 30, 2005; the company's history of substantial operating losses and the fact that, in the near term, funds from operations will not satisfy cash requirements; legal and contractual restrictions on the payment of dividends and the inter-company transfer of funds by the company's subsidiaries, including restrictions under the senior secured notes indenture applicable to Global Crossing (UK) Telecommunications Limited ("GCUK"); the likelihood that the prices the company charges for its services will continue to decrease; the company's ability to continue to connect its network to incumbent carriers' networks or maintain Internet peering arrangements on favorable terms; the success of the company's business realignment plan and the realization of anticipated cost savings; the consequences of any inadvertent violation of the company's Network Security Agreement with the U.S. Government; the impact of actual and potential customers' bankruptcies on the company's sales prospects and results of operations; increased competition and pricing pressures resulting from technology advances and regulatory changes; competitive disadvantages relative to competitors with superior resources; the impact on the company's competitiveness of its technology choices; the company's dependence on third parties for many functions; political, legal and other risks due to the company's substantial international operations; risks arising out of the company's material weaknesses in internal controls and possible difficulties and delays in improving such controls; the concentration of GCUK's revenue in a limited number of customers, and the rights of such customers to terminate their contracts or to simply cease purchasing services thereunder; and other 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:
Press Contacts
Kendra Langlie
Latin America
+ 1 305 808 5912
LatAmPR@globalcrossing.com
Fernanda Marques
Latin America
+ 55 21 3820 4712
LatAmPR@globalcrossing.com
Analysts/Investors Contact
Laurinda Pang
+ 1 800 836 0342
glbc@globalcrossing.com
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