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Filed by Global Crossing Ltd. pursuant to
Rule 425 under the Securities Act of 1933
Subject Company: Global Crossing Ltd.
Commission File No. 000-24565
[Global Crossing Logo]
One Planet One Network
Presentation to Chase Securities
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[Global Crossing Logo]
Adding Value through Reach and Services
[Graph showing increased geographic reach and growing services and customers
through recent acquisitions, including Frontier, Racal Telecom, Hutchison Global
Crossing, IXnet and IPC, resulting in Product Deployment.]
IXnet and IPC acquisitions pending
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[Global Crossing Logo]
Addressable Market Explodes
<TABLE>
<CAPTION>
<S> <C> <C>
IXnet [Frontier Communications Logo]
[Global Crossing Logo] IPC
$100 billion $30 billion $100 billion
International Financial Institutions National LD
[Racal Telecom Logo] [Hutchison Whampoa Logo]
$33 billion UK Market $4 billion Hong Kong Market
$200 billion European Market $22 billion PRC Market
</TABLE>
Global Bandwidth and Services $1 trillion in 2005
Sources: IDC, ITU, Tom Soja & Associates, Yankee Group and Company Estimates;
IXnet and IPC acquisitions pending
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[Global Crossing Logo]
The IXnet Presence
[Map showing IXnet routes, points of presence and network operations centers.]
o 71 POPs
o 3 NOCs
o 3 Content Centers
o 1,450 customer access nodes
o 37 countries
o 620 customers
NPV of Synergies greater than $1 Billion
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[Global Crossing Logo]
IXnet: Desktop-to-Desktop Global Extranet
Traditional Network
The Problem: Multi Vendor Management
Trading Floor A -- WGU Provider -- Local Exchange Carrier -- International
Carrier -- Local Exchange Carrier -- CPS Provider -- Trading Floor B
IXnet
The Solution: Scalable End-to-End Managed Network
Trading Floor A -- IXnet -- Trading Floor B
o Single point of Responsibility
o Desktop control
o Rapid Provisioning
o Cost Efficiencies
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[Global Crossing Logo]
Leveraging the IPC Relationship
600 Trading Floors
Over 100,000 Desktop Trading Positions
10% of IPC Systems are digitally connected to the IXnet Extranet
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[Global Crossing Logo]
Leading Global Financial Services Customers
[Provides an indicative list of IXnet customers.]
Financial Services
Telecom Spend $30 B
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[Global Crossing Logo]
IXnet Customer Growth
Customer Accounts Worldwide Number of CANs Deployed Worldwide
FY 1996: 45 FY 1996: 41
FY 1997: 131 FY 1997: 207
FY 1998: 248 FY 1998: 488
FY 1999: 500* FY 1999: 1,400*
* 142 new customers and 110 new CANs from Saturn acquisition.
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Statements made in this slide presentation that state the
Company's or management's future 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.
Investors and security holders are advised to read the
information statement/prospectus regarding the business combination transaction,
when it becomes available, because it will contain important information. Such
information statement/prospectus will be filed with the Securities and Exchange
Commission by Global Crossing Ltd. Investors and security holders may obtain a
free copy of the information statement/prospectus (when available) and other
documents filed by Global Crossing Ltd. at the Commission's web site at
www.sec.gov. The information statement/prospectus and such other documents may
also be obtained from Global Crossing by directing such request to Global
Crossing Ltd., 360 N. Crescent Drive, Beverly Hills, CA 90210, Attn: Investor
Relations Department; Jensen Chow, (310) 385-5283; e-mail:
[email protected].
