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Global Crossing Expands Latin Coverage

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By acquiring Impsat, Global Crossing has boosted its business in Latin America further.

BY CHRONICLE STAFF

Global Crossing, already a major provider of IP services in Latin America, will expand its busines further after the $336 million acquisition of Argentina-based Impsat.

"Impsat’s extensive IP-based intercity network, 15 metropolitan networks and 15 advanced hosting centers will provide a greater breadth of services and coverage to Global Crossing’s Latin American operations," US-based Global Crossing said in a statement Thursday. 

Impsat reported net revenues of $69.4 million in the second quarter, an increase of 13.0 percent over the same period last year.  Impsat will add more than 4,500 customers in Latin America as well as a local presence in the top seven South American economies, Global Crossing says.

Latin America is already the fastest-growing market for Global Crossing. Carrier data...

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