Moreover, Telstar expects that based on its current traffic patterns, the contract may account for as much as $30 million over the course of its term.
Telstar and Global Crossing have been doing business for more than four years, said Telstar CEO Constantin Barbulescu. This agreement signals our belief that the relationship between our companies will only continue to grow and strengthen in the future.
Said Brian Fitzpatrick, president of Global Carrier Services at Global Crossing, This contract further enhances the strong relationship we have with Telstar and we appreciate the confidence they have placed in us. By partnering with Global Crossing, Telstar offers its customers some of the most advanced global network services available today.
The Telstar-Global Crossing agreement is the latest in Telstar’s continuing initiative to increase gross margins on international traffic over the Company’s network. Other margin-increasing initiatives include Telstar’s deployment of its Pan-African Network Initiative (PANI), linking the PTTs of 7 African nations with Telstar and each other. Other initiatives include deployment of VOIP networks on four continents and reciprocal traffic arrangements with more than 60 carriers worldwde.
