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Global Crossing
(redirected from Global Crossing Limited)

   Also found in: Wikipedia 0.01 sec.
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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NASDAQ:IDCC) today announced the election of John Kritzmacher, Executive Vice President and Chief Financial Officer of Global Crossing Limited, to its Board of Directors, effective immediately.
chairman and CEO at Choice One Communications and vice chairman and CEO at Global Crossing Limited.
OB), a Delaware corporation, announced today that, at a special meeting held on January 17, 2007, Impsat's stockholders holding in excess of 70% of Impsat's outstanding common stock voted to adopt Impsat's merger agreement with Global Crossing Limited ("Global Crossing") (NASDAQ: GLBC), a Bermuda corporation, under which a subsidiary of Global Crossing will merge with Impsat.
 
 
 
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