Global Crossing - Mergers and Acquisitions

Mergers and Acquisitions

In 1999, the company acquired Frontier Corporation, the former Rochester Telephone Corporation, and renamed it Global Crossing North America, Inc. It sold its local telephone operations and the Frontier name in 2001 to Citizens Communications, which renamed itself Frontier Communications in 2008.

In 2011, Level 3 Communications announced its intention to purchase Global Crossing. On July 27, 2011, the two companies announced their financial data for the second quarter of 2011, and almost all business sectors had a slight increase. The takeover was completed on October 3, 2011.