Global Crossing

LONDON-Global Crossing announced an upcoming extranet offering designed to allow operators to deliver voice and video applications over a single connection from a neutral provider. Wireless Services Exchange will be …

WASHINGTON D.C.-Global Crossing received Federal Communications Commission approval to transfer its assets and operations to New GX, a company formed under the laws of Bermuda, with main offices in New …

WASHINGTON D.C.-Global Crossing has received Federal Communications Commission approval to transfer its assets and operations to New GX, a company formed under the laws of Bermuda, with main offices in …

RESTON, Va.-Telecommunications provider XO Communications Inc. will shut down some offices and lay off 500 people by the end of the year, according to a report in the Washington Post. …

NEW YORK-Global Crossing this week was granted an extension on its exclusive purchase agreement with Singapore Technologies Telemedia Pte. Ltd., by which STT plans to invest $250 million to own …

RESTON, Va.-XO Communications Inc. announced it now owns approximately $790 million of Global Crossing’s $2.214 billion debt after $495 million of Global Crossing senior secured loans were tendered to XO …

RESTON, Va.-XO Communications Inc. has launched an “any and all” tender offer for Global Crossing Ltd.’s $2.25 billion debt in its third move to purchase the bankrupt company. Under this …

RESTON, Va.-XO Communications Inc. has launched an “any and all” tender offer for Global Crossing Ltd.’s $2.25 billion debt in its third move to purchase the bankrupt company. Under this …

RESTON, Va.-Broadband service provider XO Communications Inc. continues to pursue its previously announced plans to acquire bankrupt telecommunications company Global Crossing. XO said it is prepared to launch an “any …

RESTON, Va.-Broadband service provider XO Communications Inc. continues to pursue its previously announced plans to acquire bankrupt telecommunications company Global Crossing. XO said it is prepared to launch an “any …

RESTON, Va.-Broadband communications provider XO Communications Inc. has offered $700 million to acquire all assets of bankrupt telecommunications company Global Crossing Ltd. and Global Crossing Holdings Ltd. The offer includes …

SAN BRUNO, California, United States-IPWireless, developer of UMTS TD-CDMA (TDD)-compliant broadband mobile network infrastructure, has expanded its technical center in the United Kingdom and will increase staffing there immediately, the …

SAN BRUNO, Calif.-IPWireless Inc., developer of UMTS TD-CDMA (TDD)-compliant broadband mobile network infrastructure, has expanded its technical center in the United Kingdom and will increase staffing there immediately, the company …

NEW YORK—Lucent Technologies Inc. said that Global Crossing Ltd. owes it $123 million, not $31 million as listed in Global Crossing’s request for Chapter 11 bankruptcy protection, according to the …

If professionals need to be productive on the go, vVault thinks it has a platform on which they can walk. A mobile productivity applications provider, the company sets out to …

Telcom Global Chris Carter was appointed Telcom Global Solutions Inc.’s senior director for engineering services. In his new position, Carter will be responsible for planning and managing the company’s global …

NEW YORK-Debt downgrades for telecommunications carriers last year outnumbered upgrades by a two-to-one margin, setting the stage for increased pressure on ratings this year, analysts for Standard & Poor’s Corp. …

NEW YORK-Tokyo-based NEC Corp. has ambitious expansion plans for its wireless handsets and infrastructure business, but the plans do not target North America, said Koji Nishigaki, president. In Asia, the …

WASHINGTON-If Al Gore becomes the next president of the United States, as polls increasingly are suggesting, Big Telecom could gain unprecedented access to the White House and have extraordinary influence …

Europe is embarking on a third-generation license auction frenzy the rest of this year, and operators are not happy about it. Since the United Kingdom raked in a whopping $35 …

Furious bidding between Vodafone AirTouch plc and Orange plc on the final day of last week’s Universal Mobile Telecommunications System auction in the United Kingdom drove the top bid for …

After one week and 16 rounds of bidding, incumbent operator Orange plc led all third-generation license bids in the United Kingdom with a $632.9 million bid for License B. The …