Global Crossing Scores $700M Deal

To develop and manage global wide area data and voice network infrastructure for Computer Sciences Corp.

November 8, 2001

1 Min Read

HAMILTON, Bermuda -- Global Crossing Ltd. (NYSE: GX)announced today that it has been chosen by Computer Sciences Corporation(NYSE: CSC) to manage and provide telecommunication services for CSC’sglobal wide area data and voice network in a twelve-year contract valued at$700 million.Global Crossing's fiber optic infrastructure, range of advanced InternetProtocol (IP) services, and proven outsourcing expertise will be leveragedby CSC to upgrade and manage its corporate wide area network. The agreementmakes Global Crossing one of the preferred providers of networking servicesfor CSC and its customers.The agreement with Global Crossing expands CSC’s network reach, supportingits competitive positioning as a global information technology (IT) serviceand outsourcing solutions leader. As one of CSC’s preferred providers,Global Crossing will team with CSC to deliver integrated solutions tomultinational enterprises over a shared, fully managed, global IP network.Global Crossing will provide wide area network, Internet Protocol virtualprivate network (IP VPN), and converged data and voice services, and CSCwill provide local area network (LAN) management services."We are pleased to have been selected by CSC to take on a mission-criticalproject of this scale. As one of the leading consulting and IT servicesfirms, CSC's standards are the highest in the world, and we value theirconfidence in our capabilities to deliver converged solutions," said JohnLegere, chief executive officer, Global Crossing and Asia Global Crossing."We share a common vision with CSC to fundamentally change the way largeglobal enterprises conduct business by utilizing advanced IP communicationstechnologies. We’ve built and we manage the first truly global fiber opticnetwork designed to deliver IP services, and that accomplishment, combinedwith our network services expertise, makes Global Crossing uniquelypositioned to serve global companies like CSC.“Global Crossing Ltd. Computer Sciences Corp. (CSC)

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