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Global Crossing

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Global Crossing
A telecommunications company that filed for bankruptcy during the Enron scandal of the early 2000s. It had previously inflated its profits by recording as revenue its conduit swaps, a transaction in which telecommunications companies exchange carriers with each other without trading money. In 2005, it was found to have violated several accounting laws and was forced to settle with the SEC. See also: Sarbanes-Oxley Act.


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Global Crossing (NASDAQ:GLBC) a leading global IP and Ethernet solutions provider, has added the Global Crossing EtherSphere(TM) family of services to the company's Ethernet WAN transport offers.
Global Crossing (NASDAQ:GLBC) a leading global IP solutions provider, has extended its Voice over Internet Protocol (VoIP) Local Service to include four new countries in mainland Europe, enabling enterprise and carrier customers to reach a total of 25 countries worldwide and more than 500 cities across Europe.
The CoreXchange multi-homed network allows enterprises access to Global Crossing and other leading Tier-1 Internet backbones through a single, highly managed network connection.
 
 
 
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