Asia Global Crossing launches data services offerings in Australia

Aug. 15, 2001--Asia Global Crossing, a pan-Asian telecommunications services provider, launched its telecommunications services platform, introducing into the market a suite of data services that will allow multinational enterprises in Sydney to benefit from the performance and cost-effectiveness of the 200-city Asia Global Crossing/Global Crossing worldwide network.

Aug 15th, 2001

Asia Global Crossing, a pan-Asian telecommunications services provider, launched its telecommunications services platform, introducing into the market a suite of data services that will allow multinational enterprises in Sydney to benefit from the performance and cost-effectiveness of the 200-city Asia Global Crossing/Global Crossing worldwide network.

Asia Global Crossing announced its entry into the Australian market with the strategic acquisition of the Asia Pacific operations of IXnet and IPC last month. The acquisition is set to accelerate Asia Global Crossing's data services business plan and make Australia the company's third largest market for data services.

The acquisition added more than 140 multinational companies to Asia Global Crossing's current roster of data services customers and a further 40 points of presence (POPs) in 11 countries throughout the region, including a network operating center in Sydney. Asia Global Crossing expects to generate more than US$100 million in incremental commercial data services revenue over the next 24 months as a result of the transaction.

Asia Global Crossing also offers corporate customers a range of fully managed, dedicated data and voice network services, including Frame Relay and ATM.

Asia Global Crossing will offer premium network opportunities made possible by the marriage of broadband global infrastructure and an advanced, competitively priced data services offering.

By implementing the Asia Global Crossing/Global Crossing worldwide Data Communications Network (DCN) monitoring system into the Sydney POP, Sydney is now included into the roster of over 200 worldwide cities that are monitored and centrally controlled 24 hours a day, 7 days a week from the Global Network Operations Center in London. The Sydney POP operates under the same single AS number as the Asia Global Crossing/Global Crossing IP network, which allows global Layer 3 traffic management.

Approximately 160 employees from IXnet and IPC joined Asia Global Crossing, bringing a critical mass of sales and engineering talent.

About Asia Global Crossing:

Asia Global Crossing (NYSE: AX) provides the Asia Pacific region with integrated telecommunications and IP services. For more information, visit www.asiaglobalcrossing.com.

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