Gartner Research

ST Telemedia Acquisition of Global Crossing Is Likely

Published: 08 July 2003

ID: G00116099

Analyst(s): Ron Cowles, David Neil

Summary

A bankruptcy court judge has rejected XO Communications' bid to acquire Global Crossing. Singapore Technologies Telemedia (ST Telemedia) remains the leading bidder, and the U.S. government will likely not kill the deal.

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