Global Crossing, a global IP solutions provider, has announced fourth-quarter and full-year 2010 results for its subsidiary, Global Crossing (UK) Telecommunications For the fourth quarter of 2010, GCUK generated revenue of £83 million and Operating Income Before Depreciation and Amortization of £18 million. The company also reported net cash provided by operations of £10 million.
"GCUK reported solid results in 2010, with an increase of three percent year over year in GCUK's 'Invest and Grow' revenue," said John Legere, Global Crossing's chief executive officer. "We continue to position the business strategically for long-term growth through investments in sales resources and enhanced capabilities to deliver value-added IP, Ethernet, data centre and managed solutions."
Source: PR Newswire