Global Crossing Reports Monthly Revenue of $236 million

In a monthly report required by the U.S. Bankruptcy Court for the Southern District of New York, Global Crossing reported consolidated revenue of approximately $236 million for January. Consolidated access and maintenance costs were reported as $181 million, while other operating expenses were $66 million. There was a consolidated net loss of $93 million for the month. Consolidated EBITDA was posted at a loss of $11 million. Global Crossing said it has begun to increase its sales force again with the expectation this will contribute favorably to top line growth.
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