Global Crossing (Hamilton, Bermuda) signed a second agreement with Deutsche Telekom (Bonn, Germany)

Nov. 1, 1998

Global Crossing (Hamilton, Bermuda) signed a second agreement with Deutsche Telekom (Bonn, Germany) to provide increased trans-Atlantic capacity on its Atlantic Crossing (AC-1) fiber-optic cable system. The contract, worth approximately $60 million, doubles the capacity purchase provided by the initial agreement with Global Crossing concluded in December 1997. AC-1 connectivity to Germany is scheduled for activation this month, with connections to the Netherlands in February 1999.

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