Global Crossing Delivers on the Promise of Expanded Data Service Capabilities in Europe.

Business Editors

MADISON, NJ--(BUSINESS WIRE)--March 22, 2001

-- Expanded data portfolio available in eight additional countries across
Europe to provide multinational corporations with high-speed data transport
services.

-- ATM and Frame Relay services, with transport speeds available up to STM-4
(approximately 622Mbps), are now available in 18 additional cities in Belgium,
Denmark, France, Germany, Italy, Switzerland, The Netherlands and the UK.

-- Dedicated Internet Access at up to Gigabit speeds launched in Belgium,
Denmark, France, Germany, Italy, Switzerland, The Netherlands and the UK.

Global Crossing Ltd. (NYSE: GX) announced today the expansion of its data services portfolio (ATM/Frame Relay and Dedicated Internet Access) in eight additional countries across Europe to provide multinational corporations with high-speed data transport services.

"The expansion of these services to additional regions worldwide demonstrates further execution of our strategy to be the leading global multimedia network operator - meeting the needs of the world's largest corporations," said John Longo, Global Crossing's Vice President of Data Services. "Our business customers increasingly receive the benefits of Global Crossing's seamless global network - delivering scale and reach without cross-platform issues or technical incompatibilities. In addition, customers enjoy service control and flexibility from the convenience of their desktop through our secure, web-based account management tools," added Longo.

Global Crossing's ATM and Frame Relay services, with transport speeds available up to STM-4 (622Mbps), are now available in 18 additional cities in Belgium, Denmark, France, Germany, Italy, Switzerland, The Netherlands and the UK. Customers can take advantage of a unified platform, allowing for single permanent virtual circuit provisioning, higher quality of service, and a single end-to-end network management system.

Dedicated Internet Access (DIA) is expanding into Belgium, Denmark, France, Germany, Italy, Switzerland, The Netherlands and the UK. DIA allows customers to browse, publish, and manage critical business applications among employees, partners, and customers over the worldwide Internet with speed and reliability. Running directly over the Global Crossing dense wavelength division multiplexing (DWDM) backbone, businesses will benefit from improved throughput and rapid scalability. Our unique globally deployed Multiprotocol Label Switching (MPLS) capability means customers will experience improved network performance through one-hop connectivity on the Global Crossing backbone. In addition, Global Crossing's extensive private and public peering delivers a congestion-free, high-performance network with worldwide reach.

Through its Managed Services offering, Global Crossing will provide support for installation of customer premise equipment along with proactive monitoring of the equipment and end-to-end network performance. This allows multinational corporations to focus on their core business rather than day to day operations of their network.

ATM, Frame Relay and DIA customers can use Global Crossing's industry leading, secure, customized web portal to monitor their network usage, make service changes, order new services and generate detailed reports. The information can be used to identify usage trends and allocate network resources and bandwidth more efficiently.

Later this year, ATM, Frame Relay and DIA services will also be available in Ireland, Norway, Spain, and Sweden as well as additional regions of the world including Australia, Latin America and the Caribbean. Services will also be available in Asia through our partnership with Asia Global Crossing.

About Global Crossing

Global Crossing Ltd. provides integrated telecommunications solutions over the world's most extensive global IP-based fiber-optic network, which will have more than 100,000 route miles, reaching five continents, 27 countries and more than 200 major cities by mid-2001. Global Crossing serves many of the world's largest corporations, providing a full range of managed data and voice products and services. Global Crossing operates throughout the Americas, Europe, and the Asia/Pacific region, and provides services in Asia through its subsidiary, Asia Global Crossing. Global Crossing Solutions provides integrated telecommunications solutions, including network outsourcing, to large global enterprises. Please visit www.globalcrossing.com or www.asiaglobalcrossing.com for more information.

Statements made in this press release that state the Company's or management's intentions, beliefs, expectations, or predictions for the future are forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to complete systems within currently estimated time frames and budgets; the ability to compete effectively in a rapidly evolving and price competitive marketplace; changes in the nature of telecommunications regulation in the United States and other countries; changes in business strategy; the successful integration of newly-acquired businesses; the impact of technological change; and other risks referenced from time to time in the Company's filings with the Securities and Exchange Commission.