Global Crossing Genesis Solutions Expands Broadcast and Media Services Across its Latin American Network
By Global Crossing, PRNEMonday, February 7, 2011
FLORHAM PARK, New Jersey, February 8, 2011 - Global Crossing (Nasdaq: GLBC), a leading IP solutions provider with the
world's first integrated global IP-based network, today announced that the
broadcast and media services offered by its Global Crossing Genesis Solutions
unit are available across its high-performance IP network in Argentina,
Brazil, Chile, Colombia, Ecuador, Panama, Peru, Mexico, Venezuela and the
Caribbean region.
"The Latin American region represents a vast market opportunity for
sports, entertainment and event programming," said Mike Antonovich, managing
director of Global Crossing Genesis Solutions. "We're excited to offer
solutions that support both standard- and high-definition video programming
from points all over the globe to Latin America, as well as Latin
American-based programming out to the rest of the world."
Global Crossing Genesis Solutions' timing could not be better. As Latin
America prepares to host the 2011 Pan American games in Guadalajara, Mexico;
the 2014 FIFA World Cup in Brazil; and the 2016 Summer Olympics in Rio de
Janeiro; the high-definition television subscriber market is experiencing
rapid growth in this part of the world. In fact, according to Dataxis, a
leading global market research company focused on the television, cable and
satellite industries, the number of high-definition television subscribers in
Latin America grew from 215,000 in 2009 to more than 3,000,000 in 2010, an
impressive growth rate of 1,327%. This represents a market opportunity for
Global Crossing Genesis Solutions and enables Global Crossing's
high-performance global network to help customers provide high-definition
programming in and out of the region.
Today's announcement demonstrates how Global Crossing Genesis Solutions
is leveraging Global Crossing's existing Latin American high-performance
network to provide superior quality, reliability and flexibility in the
managed media solutions available to broadcasters and programmers. In
addition, Global Crossing's existing 15 world-class data centers in the
region, customer-centric managed services and fully redundant network ring
around Latin America instantly differentiates Global Crossing Genesis
Solutions' offer by providing a full range of reliable media solutions to
support occasional-use, special-events and full-time video distribution,
including the leveraging of data centers for managed video play out services
and streaming applications.
Global Crossing Genesis Solutions uses a proprietary customer interface
called uCommand/IRIS, which provides a unique "on-demand" capability that
gives customers direct access and control over their global media
distribution network and enables self-provisioning and monitoring of all
aspects of their transmission services.
Global Crossing Genesis Solutions is an innovator in high-performance,
rich-media and video based solutions serving the world's major broadcasters,
producers and aggregators of specialized programming. As a leader in the
broadcast video over IP solutions market, this unit of Global Crossing
employs a purpose-built network. Global Crossing Genesis Solutions' global
customer base comprises some of the most recognizable broadcast and program
distributors in the world, including leading sports networks, news
broadcasters, sports rights holders, news agencies and international
broadcasters. It also has provided media-centric services for numerous
sporting and special events.
To learn more about Global Crossing Genesis Solutions, please visit
www.globalcrossing.com/genesis/genesis_landing.aspx.
ABOUT GLOBAL CROSSING
Global Crossing (NASDAQ: GLBC) is a leading global IP, Ethernet, data
center and video solutions provider with the world's first integrated global
IP-based network. The company offers a full range of data, voice,
collaboration, broadcast and media services delivered with superior customer
service.
Global Crossing provides services to enterprises (including approximately
40 percent of the Fortune 500); government departments and agencies; and 700
carriers, mobile operators and ISPs. It delivers converged IP services to
more than 700 cities in more than 70 countries, and has 17 world-class data
centers in major business centers around the globe.
Please visit www.globalcrossing.com for more information about
Global Crossing.
Statements in this press release about expected future events and
financial results are forward-looking and subject to risks and uncertainties
that could cause the actual results to differ materially, including risks
referenced from time to time in the company's filings with the Securities and
Exchange Commission. Global Crossing undertakes no duty to update information
contained in this press release or in other public disclosures at any time.
CONTACT GLOBAL CROSSING: Press Contacts Michael Schneider Corporate +1-973-937-0146 Michael.Schneider@globalcrossing.com Paula Vivo Latin America +55-11-3957-2424 Paula.Vivo@globalcrossing.com Michael Schneider UK and Europe +44-1270-534204 Michael.Schneider@globalcrossing.com Analysts/Investors Contact Mark Gottlieb +1-800-836-0342 glbc@globalcrossing.com
GEN/PR1
GLOBAL CROSSING: Press Contacts: Michael Schneider, Corporate, +1-973-937-0146, Michael.Schneider at globalcrossing.com; or Paula Vivo, Latin America, +55-11-3957-2424, Paula.Vivo at globalcrossing.com; or Michael Schneider, UK and Europe, +44-1270-534204, Michael.Schneider at globalcrossing.com; or Analysts/Investors Contact: Mark Gottlieb, +1-800-836-0342, glbc at globalcrossing.com
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