WHAT OTHERS ARE SAYING

OVUM Sees Global Crossing's Growth in Positive Light

Global Crossing's strategy to 'Invest and Grow' its revenue from enterprise, carrier data and indirect channels is "clearly bearing fruit." At least that's the opinion of OVUM analyst David James, who in a recent commentary* on the company's first full-quarter results concluded that "Global Crossing is one company that has successfully transformed itself to take advantage of the global moves to IP-based networking…specifically the use of VoIP for carriage of voice and IP VPNs for enterprise networking."

On May 10, Global Crossing announced its 2007 first quarter results, as well as the completion of its acquisition of Impsat, a leading provider of telecommunications network and Internet services in Latin America. This also was the first full quarter that included results from the company's acquisition of European network operator Fibernet, a provider of specialist telecommunications networks to large enterprises and other telecommunications and Internet service companies. James' analysis of Global Crossing's results included a recap of the company's financials, as well as highlights of its network metrics - among them that Global Crossing's IP traffic grew 176% year-over-year, while its VPN traffic increased 147% compared with the first quarter of 2006.

James went on to comment: "The Fibernet acquisition has boosted the company's assets, revenues and customer base in the UK and Germany, while the next quarter will be the first to include earnings from Impsat. The acquisitions of both Fibernet and Impsat fit well with Global Crossing's existing network footprint and IP service portfolio.

"The company continues to invest in developing and enhancing its IP-based services," James continued, "with increased availability of its VoIP services and reduced service provisioning times for certain wholesale services. It has also improved its IP VPN solution with additional features for monitoring and control.

"No company can afford to stay still in these times of dramatic change," James concluded, using Global Crossing as an example of a company that is successfully navigating these times.

*Ovum EuroView Daily Comment, "Global Crossing's Growth Continues with its Q1 2007 Results," David James, May 14, 2007.

Frost & Sullivan Bestows Best Practices Award on Global Crossing

Frost & Sullivan, global growth consulting company, has given Global Crossing its 2007 Best Practices Award for Global Excellence in North American Enterprise and Carrier Internet Protocol (IP) Solutions.

Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as customer service, strategic product development, leadership, and technological innovation. Frost & Sullivan's analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research in order to identify best practices in the industry.

"Global Crossing is well positioned to replicate circuit-switched telephony in an IP scenario and has established a global capability unmatched by most other service providers," said Lynda Starr, senior analyst at Frost & Sullivan. "Its slogan -- 'One Planet. One Network. Infinite Possibilities' -- aptly exemplifies why Global Crossing merits Frost & Sullivan's Global Excellence Award."

Global Crossing focuses on multinational enterprises and the service providers who serve them. The company is successfully executing on a disciplined business strategy, having significantly increased revenue and margins for its "invest and grow" segment, which focuses on the global enterprise, collaboration, new channels and carrier data pieces of the business.

Global Crossing owns and operates one of the world's largest, fully meshed IP MPLS fiber networks, reaching more than 600 cities in 60 countries on six continents. Recent technological innovations include a quadrupling of capacity on its global backbone, deploying more than 30 high-capacity core routers in 17 worldwide locations to create an IP Supercore capable of supporting terabit speeds.

Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics.

"These latest enhancements to Global Crossing VoIP Local Services in the UK [enhanced emergency dialing services and Local Number Portability (LNP)] provide significant benefits to customers in terms of convenience, quality and feature-rich services. Global Crossing continues to be in the forefront of innovation and voice quality with its suite of global VoIP services, as it expands its reach into key markets across the world to support multinational customers."

Camille Mendler
Vice President of Enterprise Research
Yankee Group

"Together with Global Crossing, we expect to revolutionize interventional medicine in the way procedures are supported. By using Global Crossing's worldwide IP network to instantly connect to the world's largest medical facilities, physicians can now take advantage of instantaneous clinical support, without having to wait for a specialist to arrive at their site."

Bevil Hogg
Chief Executive Officer
Stereotaxis