Global Crossing Narrows Loss
Global IP network operator Global Crossing has reported a net loss of $70m for the first quarter 2008, compared to a loss of $121m in the same quarter last year, on revenue up 25% at $630m.
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- Global Crossing Narrows Q3 Loss Global IP network provider Global Crossing has reported a net loss of $70m for the third quarter 2008, compared to a loss of $88m in the same quarter last year, on revenue up 12% at $667m.
- Global Crossing Taps Siemens for UK Govt IPT Contract Global Crossing is extending a longstanding relationship with Siemens Enterprise Communications to serve government departments and agencies in the UK, from traditional TDM voice to IP-based unified communications.
- Global Crossing Expands Hosting Business US-based IP network provider Global Crossing has announced expansion of its hosting business in Europe.
- BearingPoint Narrows Loss Management and technology consultancy BearingPoint has reported a net loss of $23.1m for the first quarter 2008, against a loss of $61.7m last year, on revenue down 4% at $830m.