Global Crossing signs network agreement with ACCA

June 12, 2001
June 12, 2001--Global Crossing Ltd. announced its Carrier Services Division has signed a three-year, $37 million contract with Associated Communications Companies of America (ACCA), a consortium of telecommunications companies located throughout the United States.

Global Crossing Ltd. announced its Carrier Services Division has signed a three-year, $37 million contract with Associated Communications Companies of America (ACCA), a consortium of telecommunications companies located throughout the United States. Under the terms of the agreement, Global Crossing will provide ACCA members with both voice and data services including carrier termination, toll-free service, dedicated voice, private line and IP transit.

Through its agreement with Global Crossing, ACCA's ten member companies bundle their purchasing power. By negotiating as a group, ACCA companies offer their customers data and voice services that otherwise may have been cost prohibitive.

The ACCA collectively spends in excess of $450 million annually and has annual combined revenues of more than $10 billion.

This agreement allows Global Crossing to reach several different wholesale companies with one unified product offering.

ACCA joins a growing roster of wholesale companies that are using Global Crossing's network. Global Crossing's Carrier Services Division specializes in providing customized, datacentric solutions to carriers whether their needs are regional, national or global in nature. Its customers include resellers, carriers, LECs, CLECs, RBOCs, PTTs and ISPs.

About Global Crossing:

Global Crossing Ltd. (NYSE: GX) provides telecommunications solutions over the an integrated global IP-based network. For more information, visit www.globalcrossing.com or www.asiaglobalcrossing.com.

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