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updated Thu. March 7, 2024

Li Ka-shing, a wartime refugee who used to sweep factory floors in Hong Kong for a living, retired after a career spanning more than half a century amassing one of Asia's biggest fortunes from building skyscrapers to selling soap bars. The 89-year-old chairman of CK Hutchison Holdings Ltd. and CK Asset ...

In 2002, Legere joined telecommunications company Global Crossing as CEO. He received tons of criticism for raking in a $1.1 million salary, as well as a $3.5 million signing bonus while thousands of Global Crossing employees were being laid off. As a rule, I don't do math in public. That's what Legere ...
... Qualcomm, Nokia, Lucent, and Global Crossing were doing. Since that time, the most important companies are no longer the ones that make the internet work. It's the ones that monetize the internet. Facebook, Google, and Amazon. I'm not sure there's even time for a book before the next cycle is upon us.
Before NBP, we had the Global Crossing project, which connected Ireland directly to the US and European internet via undersea fibre optic cable, which cost €125 million. Then came the State's Metropolitan Area Networks (Mans), a series of telecommunications networks built around 94 towns, costing ...
During his tenure at Level 3, Storey led two of that company's largest acquisitions of tw telecom and Global Crossing. Like the deals CenturyLink made in recent years, these deals not only gave the former Level 3 scale but also helped provide them with a set of global capabilities while paving a path for ...
Burns said that it has been clear since 2003 when U.S. regulators pressured Hong Kong-based Hutchison Whampoa Ltd. to end its attempt to buy bankrupt Global Crossing with its partner, Singapore Technologies Telemedia that telecommunications infrastructure was critical to national security. "It is an ...
A graduate of Mercy College in Dobbs Ferry, N.Y., she worked at two telecommunications companies, Ascom Timeplex and Global Crossing, and the asset management firm T. Rowe Price before retiring. In her campaign, Neidinger cites her six years' experience on the Tampa Bay Regional Planning ...
In the mid-2000s, there were a series of extremely egregious and well-publicized securities frauds in the U.S. involving Enron, WorldCom, Tyco, Bank of America and Global Crossing. In those five cases, the SEC's enforcement actions recovered penalties and fees of $1.8 billion. By contrast, private litigation ...
Legere's first CEO stints, at the Asian unit of telecom-services company Global Crossing and then at the parent company, were anything but fun. As the Internet and telecom bubbles burst, Global Crossing careened into bankruptcy, and Legere laid off thousands of employees. The company's Asian unit also ...


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