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Global Crossing Opens Point of Presence Telecommunications Facility in Helsinki
London - December 6, 2006 -- Global Crossing, a leading global IP solutions provider, announced today the opening of a new Point of Presence (PoP) facility in Helsinki, Finland, that provides customers with direct access to global IP solutions over Global Crossing's Multiprotocol Label Switching (MPLS) IP-based network. The PoP is already operational and serving customers in Europe.
The Helsinki PoP is a business gateway from the Baltics and Russia to Western Europe and provides customers with network access to Finland. The new PoP gives carrier and enterprise customers in the region direct access to Global Crossing's network and is part of Global Crossing's continued expansion of its MPLS network, which includes PoPs connecting all major financial and business capitals across Europe. Global Crossing's network delivers state-of-the-art global IP solutions, with direct access to more than 600 cities in 60 countries on six continents.
"Our new Helsinki PoP enhances Global Crossing's market-leading position in the region among the ISP and carrier community," said Pieter Duijves, managing director, Europe. "There has been a huge surge in IP traffic and we have responded to the increasing customer demand by establishing this newest PoP facility. As demand for IP services grows, Global Crossing is well-positioned with a robust and scaleable network to serve our European customers in the region."
Global Crossing's IP traffic increased 126 percent between the third quarter of 2005 and the third quarter of 2006. According to TeleGeography Research, the rate of growth in international IP traffic at an industry level between mid 2005 and mid 2006 was 75 percent.
"We expect the surge in IP traffic to continue with the key driver being higher end-user needs for services, such as content downloads, streaming and faster Internet access," said Dag Aanensen, area vice president of carrier sales, Global Crossing. Now, Internet Service Providers will be able to deliver far greater capacity to their customers.
As a result of the continued adoption of IP services by enterprise and carrier customers, Global Crossing has seen extraordinary growth of demand for capacity in Europe. Aina Communications, an ISP in Finland, has signed up as the first customer to use the PoP to provide IP services to its subscribers.
Global Crossing is reaping the benefits of being an early adopter of an all IP network. It is well-positioned to meet the high rates of IP traffic growth. It has deployed 10-Gigabit Ethernet (10GigE) PoPs worldwide, and has implemented an IP Supercore platform supporting the increasing demand for high bandwidth IP services. The company has deployed 10GigE PoPs across Europe in Denmark, France, Germany, the Netherlands, Norway, Sweden and the United Kingdom.
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 in 29 countries worldwide, and delivers services to more than 600 cities in 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 Solutions 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 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 Contact
Amjad Khan
Europe
+ 44 (0) 1256 734 063
EuropePR@globalcrossing.com
Analysts/Investors Contact
Laurinda Pang
+ 1 800 836 0342
glbc@globalcrossing.com
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