Global Crossing Decries Toll Booths

FLORHAM PARK, N.J. -- "As consumers demand ever-increasing content-rich services and applications that require more bandwidth, the assertions by Level 3 against Comcast raise issues that will determine whether we will all be able to realize the full potential of the Internet. Global Crossing recognizes that traffic-sharing, or peering relationships, play a fundamental role in the economics of the Internet. Unilaterally erecting toll booths on the last mile of the Internet is not consistent with historical industry peering arrangements and will no doubt impact the delivery of content to consumers.

Global Crossing therefore urges the Federal Communications Commission to sponsor a working group to formalize the principles involved in peering. The charge of this group should be to establish guiding principles for future peering relationships and to bring greater transparency to this marketplace."

Global Crossing (Nasdaq: GLBC)

Pete Baldwin 12/5/2012 | 4:17:07 PM
re: Global Crossing Decries Toll Booths

The statement is from Paul Kouroupas, Vice President and Senior Counsel.  (It says that in the original press release's headline, but not in the body of the release.)

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