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.