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Global Crossing announces fourth quarter and full year 2010 results

Global Crossing, a global IP solutions provider, has announced unaudited fourth-quarter and full-year 2010 results.

Global Crossing’s consolidated revenue was US$683 million in the fourth quarter of 2010, an increase of 5% both sequentially and year over year. The sequential comparison included a US$7 million favourable foreign exchange impact, and the year-over-year increase included a US$5 million unfavourable foreign exchange impact. In constant currency terms, consolidated revenue increased 4% sequentially and 6% year over year.

Source: Sun Herald

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