| Business Summary | | Asia
Global
Crossing
Ltd.
is
a
Pan-Asian
telecommunications
carrier
providing
telecommunications
services,
including
Internet,
data,
voice
and
Web
hosting
services
to
wholesale
and
business
customers.
The
Company
owns
64.5%
of
Pacific
Crossing-1,
a
21,000-kilometer
undersea
cable
connecting
the
United
States
to
Japan.
The
Company
is
constructing
East
Asia
Crossing,
a
19,500-kilometer
undersea
fiber-optic
cable
connecting
Japan
to
Hong
Kong.
The
Company
expects
to
extend
East
Asia
Crossing
to
Taiwan
and
Korea
in
the
first
half
of
2001,
at
a
later
time,
to
Malaysia,
the
Philippines
and
Singapore
and,
if
and
when
regulations
permit,
China.
Both
of
these
systems
will
be
seamlessly
connected
to
the
Global
Crossing
network,
which,
including
Pacific
Crossing-1
and
East
Asia
Crossing,
consists
of
162,544
announced
route
kilometers
that
will
serve
five
continents,
27
countries
and
more
than
200
major
cities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Asia
Global
Crossing
Ltd.
is
a
pan-Asian
telecommunications
carrier
that
provides
Internet,
data
and
voice
services
to
wholesale
and
business
customers.
The
Company
also
intends
to
offer
data
center
services.
For
the
six
months
ended
6/30/01,
revenue
fell
75%
to
$27.4
million.
Net
loss
totaled
$123.2
million,
up
from
$58.2
million.
Results
reflect
the
absence
of
sales-type
lease
transactions,
and
increased
maintenance
and
operating
costs
incurred
by
East
Asia
Crossing. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Gary Winnick, 53 Chairman | -- | Lodwrick Cook, 73 Co-Chairman | -- | John Legere, 42 CEO,
Director | $2.4M | Thomas Casey, 49 Vice
Chairman | -- | John Scanlon, 49 Vice
Chairman | 1.6M | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|