May 19, 2004 1 min read

Carlos Slim Increases Stake in Global Crossing

TelMex owner Carlos Slim filed papers in five states to increase his ownership stake in Global Crossing to between 10 and 20%. http://www.globalcrossing.comEarlier this week, Global Crossing finalized an agreement with an affiliate of Singapore Technologies Telemedia (ST Telemedia) providing for availability of up to $100 million of secured bridge financing for Global Crossing’s business operations.

Editorial responsibility

Staff

Editor & Publisher

Every article published by Converge Digest is researched, curated, fact-checked and editorially reviewed by Jim Carroll, Editor & Publisher. AI-assisted drafting may be used to accelerate production, but all content is reviewed, refined and approved prior to publication.

Email Jim