North American Network Operators Group

Date Prev | Date Next | Date Index | Thread Index | Author Index | Historical

Re: Exodus Files Chapter 11

  • From: Roy
  • Date: Thu Sep 27 15:04:04 2001

I am glad to hear such good news.  However, I suggest you have your statement
reviewed by the company legal team.  I know the SEC would be interested on
this seeming official statement from glbx.

Roy Engehausen

David R Huberman wrote:

> ...
> In no way does the financial outlook of Global Crossing and its network
> rely on Exodus. Our revenue streams continue to grow at a steady clip, our
> quarterly earnings report continue to reflect an EBIDTA-positive
> organization, and each day we sign up more and more customers, large and
> small, who utilize our 101,000+ route-mile global fiber optic network.
> Our network build was fully funded. With the sale of Frontier
> Communications by Global Crossing to Citizens Communications, Global
> Crossing was able to pay down more than 50% of its long-term debt.
> Global Crossing is in sound financial shape. Its long-term financial
> outlook is bright, our customers are happy, and we'll be here running one
> of the world's largest and fastest fiber optic networks long after many of
> our competitors close their doors.
> /david
> *--------------------------------*
> |      Global Crossing API       |
> | Manager, Global IP Addressing  |
> |        (703) 627-5800          |
> |       [email protected]        |
> *--------------------------------*