HAMILTON, Bermuda--(BUSINESS WIRE)--Sept. 17, 1999--
Global Crossing (NASDAQ:GBLX) and Frontier Corporation (NYSE:FRO) today announced that the New York Public Service Commission has unanimously approved the Global Crossing - Frontier merger.
"We are very pleased to receive approval
About Global Crossing
Global Crossing is building and operating the world's most advanced global IP-based datacentric network, an end-to-end fiber optic platform for data, voice, video and Internet transmissions. The Global Crossing Network will span five continents and address 80% of the world's international traffic. A new unit of Global Crossing, Global Marine Systems Limited, possesses the largest fleet of cable laying and maintenance vessels in the world and currently services more than a third of the world's undersea cable kilometers. Global Crossing's operations are headquartered in Hamilton, Bermuda, with executive offices in Los Angeles. For more information, visit www.globalcrossing.com on the World Wide Web.
About Frontier
Frontier Corporation is a leading Internet Protocol (IP) applications and communications services provider. Frontier recently agreed to merge with Global Crossing Ltd. The combined company will own and operate the first seamless global IP network connecting more than 170 major cities in 24 countries. For more information, visit www.frontiercorp.com on the World Wide Web.
Statements made in this press release that state the company's or management's intentions, beliefs, expectations, or predictions for the future are forward-looking statements. It is important to note that the company's actual results could differ materially from those projected in such forward-looking statements. Information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained from time to time in the company's filings with the U.S. Securities and Exchange Commission (SEC).
Copies of these filings may be obtained by contacting the company or the SEC.