| Business Summary | | Global
Crossing
Ltd
provides
integrated
telecommunications
solutions
over
an
integrated
global
Internet
Protocol
(IP)-based
fiber-optic
network,
which
will
have
more
than
100,000
route
miles,
reaching
four
continents,
27
countries
and
more
than
200
major
cities
by
mid-2001.
The
Company
provides
services
in
two
principal
segments:
telecommunications,
and
installation
and
maintenance.
The
telecommunications
services
segment
offers
a
variety
of
integrated
telecommunications
services.
The
installation
and
maintenance
services
segment,
consisting
of
the
Company's
Global
Marine
business,
installs
and
maintains
undersea
fiber
optic
cable
systems
for
carrier
customers
worldwide.
The
Company
provides
a
full
range
of
managed
data
and
voice
services.
At
year-end
2000,
the
network
was
85%
complete,
and
included
1.7
million
fiber
miles,
249
points
of
presence
in
25
countries
and
metropolitan
networks
in
19
major
cities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | GX
is
a
provider
of
global
internet
and
long
distance
facilities
and
services
utilizing
a
network
of
undersea
digital
fiber
optic
and
associated
terrestrial
backhaul
capacity.
For
the
six
months
ended
6/30/01,
revenues
rose
19%
to
$2.15
billion.
Net
loss
from
continuing
operations
applicable
to
Common
rose
65%
to
$1.24
billion.
Results
reflect
higher
number
and
size
of
installation
contracts
awarded,
offset
by
the
expansion
of
the
Company's
network/business. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Gary Winnick, 53 Chairman | $1.9M | -- | Lodwrick Cook, 72 Co-Chairman | 916K | $3.6M | David Walsh, 39 Pres,
COO | -- | -- | Thomas Casey, 49 Vice
Chairman, CEO | 2.2M | -- | Dan Cohrs, 48 CFO,
Exec. VP | -- | -- | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|