-- Relays daily video programming from Salt Lake City to seven NBC
stations nationwide.
-- Features Global Crossing's newly announced digital video transport
technology.
-- End-to-end solution encompasses transport, video equipment and local
access facilities.
MADISON, N.J., Feb. 7 /PRNewswire/ -- Global Crossing today announced that
it has signed an agreement with NBC News Channel, a unit of National
Broadcasting Company, Inc. (NBC), to transport daily video programming from
the NBC News Channel Broadcast Center at the Winter Olympics in Salt Lake City
to seven stations across the country using Global Crossing's new digital video
transport service.
"We needed a company that could hit the ground running. This short-term
agreement required an advanced network and the technology to support
time-sensitive video encoding and decoding," said Bob Horner, president, NBC
News Channel. "Global Crossing showed us that they not only had the
technology and know-how, but also the flexibility to provide whatever we
needed, when we needed it."
Under the terms of the agreement, Global Crossing will provide NBC News
Channel with digital video transport, a turnkey package that includes the
transmission of digital video over its nationwide ATM network, provisioning of
local loop access through arrangements with local access providers, and the
supply and management of video equipment through an arrangement with Aastra
Digital Video, an operating unit of Aastra Technologies Limited
(Toronto: AAH). News content will be delivered to stations in Chicago,
Denver, Los Angeles, New York, Phoenix, Portland and Seattle.
"Knowing that extensive media coverage of the Olympic Games would create
great demand for traditional satellite transmission, NBC News Channel turned
to Global Crossing for a reliable, manageable and cost-effective alternative,"
said John Legere, chief executive officer at Global Crossing. "Our digital
video transport service combines our leading-edge network with our extensive
vendor relationships to provide our customers with a no hassle, virtually
plug-and-play solution."
Global Crossing's digital video transport service is part of the company's
line of digital media services (DMS) aimed at industries that require a
variety of collaboration and high quality/high speed data transfer needs, such
as the entertainment, medical, government and financial sectors. Global
Crossing's digital media services offer constant-bit-rate-based permanent
virtual circuits over its ATM infrastructure. Future enhancements to DMS will
provide ubiquitous broadband connectivity to support the creation, on-line
collaboration, and distribution of television-quality video, CD-quality audio,
and live event broadcasting. Global Crossing is designing its digital media
services to enhance its customers' ability to create, distribute, manage and
store digital content.
ABOUT GLOBAL CROSSING
Global Crossing provides telecommunications solutions over the world's
first integrated global IP-based network, which reaches 27 countries and more
than 200 major cities around the globe. Global Crossing serves many of the
world's largest corporations, providing a full range of managed data and voice
products and services. Global Crossing operates throughout the Americas and
Europe, and provides services in Asia through its subsidiary, Asia Global
Crossing (NYSE: AX).
On January 28, 2002, Global Crossing and certain of its affiliates
(excluding Asia Global Crossing and its subsidiaries) commenced Chapter 11
cases in the United States Bankruptcy Court for the Southern District of New
York and coordinated proceedings in the Supreme Court of Bermuda.
Please visit http://www.globalcrossing.com or http://www.asiaglobalcrossing.com for more
information about Global Crossing and Asia Global Crossing.
Statements made in this press release that state the Company's or
management's intentions, beliefs, expectations, or predictions for the future
are forward-looking statements. Such forward-looking statements are subject
to a number of risks, assumptions and uncertainties that could cause the
Company's actual results to differ materially from those projected in such
forward-looking statements. These risks, assumptions and uncertainties
include: the ability to complete systems within currently estimated time
frames and budgets; the ability to compete effectively in a rapidly evolving
and price competitive marketplace; changes in the nature of telecommunications
regulation in the United States and other countries; changes in business
strategy; the successful integration of newly-acquired businesses; the impact
of technological change; and other risks referenced from time to time in the
Company's filings with the Securities and Exchange Commission.
SOURCE Global Crossing
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Related links:
http://www.globalcrossing.com
CONTACT:
Press, Mary Catharine Moore, +1-585-777-6403,
mary.moore@globalcrossing.com, or John Schmidt, +1-973-410-8466,
john.schmidt@globalcrossing.com; or Analysts /Investors, Ken
Simril, +1-310-385-5200, investors@globalcrossing.com, all of
Global Crossing
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