US-based Global Crossing has announced the launch of a new suite of voice and data services for its customers in Latin America and says it plans to target multinational companies operating in the region. According to Pablo Mikota, Executive Vice President of Sales for Latin America, the company is pinning its hopes on using its IP-based network and multiprotocol label switching (MPLS) technology to deliver a cheaper and more reliable service than legacy-based time division multiplexing (TDM) networks. It claims to have already signed up its first customer, which it says is aiming to launch videoconferencing across 20 locations later this month. Global Crossing doubled its capacity for customer circuits and increased its subscriber base to around 140-150 multinationals in 2003. With demand rising, it hopes to boost growth in circuits and revenues by 75% during the current year.