SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Amendment No. 10
to
SCHEDULE 13D
Under the Securities Exchange Act of 1934
Global Crossing Ltd.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $0.01
- --------------------------------------------------------------------------------
(Title of Class of Securities)
G3921A100
- --------------------------------------------------------------------------------
(CUSIP Number)
U S WEST, Inc.
1801 California Street
Denver, CO 80202
(303) 672-2700
- --------------------------------------------------------------------------------
Thomas O. McGimpsey, Esq.
U S WEST, Inc.
1801 California Street
Denver, CO 80202
(303) 672-2712
Copies to:
Dennis J. Block, Esq.
Cadwalader, Wickersham & Taft
100 Maiden Lane
New York, NY 10038
(212) 504-6000
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
December 21, 1999
- --------------------------------------------------------------------------------
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the
following box .
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7(b) for other
parties to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
CUSIP NO. G3921A100
<PAGE>
<TABLE>
<CAPTION>
<S> <C>
- ------- ------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
U S WEST, Inc.
- ------- ------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)(a)(b)
- ------- ------------------------------------------------------------------------
3 SEC USE ONLY
- ------- ------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
BK, AF, WC, OO
- ------- ------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e)
- ------- ------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ------- ------------------------------------------------------------------------
<CAPTION>
<S> <C> <C>
7 SOLE VOTING POWER
37,028,229
NUMBER OF
------- ------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0-
------- ------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 37,028,229
------- ------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
<CAPTION>
<S> <C>
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
37,028,229
- --------- ----------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions)
- --------- ----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.658% (Based upon 794,770,468 shares outstanding as shown in Global
Crossing Ltd.'s Quarterly Report on Form 10-Q for the quarter ended
September 30, 1999)
- --------- ----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
HC, CO
- --------- ----------------------------------------------------------------------
</TABLE>
<PAGE>
U S WEST, Inc. hereby amends and supplements its Schedule 13D
originally filed as a Schedule 14D-1 and 13D on May 21, 1999 (the "Original
Filing"), as amended by its Schedule 14D-1 and 13D, Amendment No. 1, filed on
May 24, 1999, Amendment No. 2 filed on June 8, 1999, Amendment No. 3 filed on
June 11, 1999, Amendment No. 4 filed on June 18, 1999, Amendment No. 5 filed on
June 18, 1999, Amendment No. 6 filed on June 21, 1999, Amendment No. 7 filed on
June 23, 1999, Amendment No. 8 filed on June 29, 1999, and Amendment No. 9 filed
on August 11, 1999 (together with the Original Filing, the "Statement"). The
Item numbers in this Schedule 13D do not correspond with the Item numbers in the
Statement, as the Statement was a joint Schedule 14D-1 and 13D, and this
amendment is only to the Schedule 13D. Capitalized terms used herein and not
otherwise defined shall have the meaning assigned such terms in the Statement.
Since our beneficial ownership is five percent or less, we are not
required to make any additional filings under Regulation 13D in accordance with
Reg. Section 13d-2(b).
<PAGE>
Signature.
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.
Date: December 21, 1999
U S WEST, Inc.
/s/ THOMAS O. McGIMPSEY
By: ___________________________
Thomas O. McGimpsey
Assistant Secretary
