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FRONTIERNET.NET: [Frontier Information Technologies Inc. [180 South Clinton Avenue, Rochester N.Y, NY 14646 US].
Frontier
Information Technologies Inc. was recently purchased by Global
Crossing Ltd., Global Crossing Ltd., [95 N. Fitzhugh Street,
Rochester, NY 14614-1212 US or 45 Reid Street, Wessex House, Hamilton
HM 12, Bermuda] one of the new "all digital" phone/data networks that
have sprung up over the past few years. Led by CEO
Bob Annunziata
, Global Crossing
is building a large capacity trans-atlantic fiber-optic
network.
In the summer of 1999, Global Crossing announced it was
merging with US West, Inc. but lost out in a battle with Qwest, Inc.
Investors and analysts may contact:
Jensen Chow: 310/385-5283
E-mail: jchow@globalcrossing.com
Investor Hot Line: (310) 385-5270
E-mail: investors@globalcrossing.com
Reporters and editors may contact:
Tom Goff: 310/385-5231
E-mail: tgoff@globalcrossing.com
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