This month or next, Global Crossing's fiber-optic network, spanning 101,000 route miles and expected to serve 80 percent of the world's telecom traffic, is scheduled to be completed.This month or next, Global Crossings fiber-optic network, spanning 101,000 route miles and expected to serve 80 percent of the worlds telecom traffic, is scheduled to be completed. The company is celebrating by courting the worlds largest businesses. Chief Financial Officer Dan Cohrs says about 50 percent of Global Crossings $3.8 billion revenue in 2000 came from network sales to other carriers. But in a failing economy, multinational corporations are more attractive customers than telecom carriers.
Small and midsized business customers make up 10 percent to 15 percent of revenue, but thats not likely to increase, Cohrs says.