Other

Filed by Global Crossing Ltd. pursuant to
Rule 425 under the Securities Act of 1933
Subject Company: Global Crossing Ltd.
Commission File No. 000-24565

[Global Crossing Logo]

One Planet One Network

Presentation to Chase Securities

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Adding Value through Reach and Services

[Graph showing increased geographic reach and growing services and customers through recent acquisitions, including Frontier, Racal Telecom, Hutchison Global Crossing, IXnet and IPC, resulting in Product Deployment.]

IXnet and IPC acquisitions pending

[Global Crossing Logo]

                                                   IXnet                     [Frontier Communications Logo]
   [Global Crossing Logo]                           IPC
        $100 billion                            $30 billion                           $100 billion
        International                      Financial Institutions                     National LD

    [Racal Telecom Logo]                                                        [Hutchison Whampoa Logo]
    $33 billion UK Market                                                     $4 billion Hong Kong Market
$200 billion European Market                                                     $22 billion PRC Market

Global Bandwidth and Services $1 trillion in 2005 Sources: IDC, ITU, Tom Soja & Associates, Yankee Group and Company Estimates; IXnet and IPC acquisitions pending

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The IXnet Presence
[Map showing IXnet routes, points of presence and network operations centers.]

o 71 POPs
o 3 NOCs
o 3 Content Centers
o 1,450 customer access nodes
o 37 countries
o 620 customers

NPV of Synergies greater than $1 Billion

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IXnet: Desktop-to-Desktop Global Extranet

Traditional Network
The Problem: Multi Vendor Management

Trading Floor A -- WGU Provider -- Local Exchange Carrier -- International Carrier -- Local Exchange Carrier -- CPS Provider -- Trading Floor B

IXnet
The Solution: Scalable End-to-End Managed Network Trading Floor A -- IXnet -- Trading Floor B

o Single point of Responsibility
o Desktop control
o Rapid Provisioning
o Cost Efficiencies

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Leveraging the IPC Relationship

600 Trading Floors
Over 100,000 Desktop Trading Positions

10% of IPC Systems are digitally connected to the IXnet Extranet

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Leading Global Financial Services Customers

[Provides an indicative list of IXnet customers.]

Financial Services Telecom Spend $30 B

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                             IXnet Customer Growth

Customer Accounts Worldwide                Number of CANs Deployed Worldwide

FY 1996:   45                                  FY 1996:      41
FY 1997:  131                                  FY 1997:     207
FY 1998:  248                                  FY 1998:     488
FY 1999:  500*                                 FY 1999:   1,400*

* 142 new customers and 110 new CANs from Saturn acquisition.

Statements made in this slide presentation that state the Company's or management's future intentions, beliefs, expectations or predictions for the future are forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to complete systems within currently estimated time frames and budgets; the ability to compete effectively in a rapidly evolving and price competitive marketplace; changes in the nature of telecommunications regulation in the United States and other countries; changes in business strategy; the successful integration of newly-acquired businesses; the impact of technological change; and other risks referenced from time to time in the Company's filings with the Securities and Exchange Commission.

Investors and security holders are advised to read the information statement/prospectus regarding the business combination transaction, when it becomes available, because it will contain important information. Such information statement/prospectus will be filed with the Securities and Exchange Commission by Global Crossing Ltd. Investors and security holders may obtain a free copy of the information statement/prospectus (when available) and other documents filed by Global Crossing Ltd. at the Commission's web site at www.sec.gov. The information statement/prospectus and such other documents may also be obtained from Global Crossing by directing such request to Global Crossing Ltd., 360 N. Crescent Drive, Beverly Hills, CA 90210, Attn: Investor Relations Department; Jensen Chow, (310) 385-5283; e-mail: