FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* STT CROSSING LTD (Last) (First) (Middle) ROGERS HOUSE, 5, PRESIDENT JOHN KENNEDY STREET, (Street) PORT LOUIS O4 04 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol GLOBAL CROSSING LTD [ GLBC ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 04/01/2009
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Options (Obligations to sell)	$10.16	04/01/2009(1)		A		1,500(1)		(2)	03/31/2009(1)	Common Shares	1,500	(3)	617,500	D(4)

1. Name and Address of Reporting Person* STT CROSSING LTD (Last) (First) (Middle) ROGERS HOUSE, 5, PRESIDENT JOHN KENNEDY STREET, (Street) PORT LOUIS O4 04 (City) (State) (Zip)

1. Name and Address of Reporting Person* TEMASEK HOLDINGS (PRIVATE) LTD (Last) (First) (Middle) 60B ORCHARD ROAD, #06-18 TOWER 2, THE ATRIUM@ORCHARD (Street) SINGAPORE U0 238891 (City) (State) (Zip)

1. Name and Address of Reporting Person* SINGAPORE TECHNOLOGIES TELEMEDIA PTE LTD (Last) (First) (Middle) 51 CUPPAGE ROAD #09-01 STARHUB CENTRE (Street) SINGAPORE U0 229469 (City) (State) (Zip)

1. Name and Address of Reporting Person* STT COMMUNICATIONS LTD (Last) (First) (Middle) 51 CUPPAGE ROAD #09-01 STARHUB CENTRE (Street) SINGAPORE U0 229469 (City) (State) (Zip)

Explanation of Responses:

1. Represents 1,500 vested employee stock options granted by STT Communications Ltd ("STTC") to an option holder pursuant to a share option plan to purchase Common Shares of Global Crossing Limited (the "Issuer"). As such option holder resigned on December 31, 2008 and did not exercise these stock options within 90 days from the date of resignation as provided for in the rules of the share option plan, these stock options expired on March 31, 2009 and lapsed on April 1, 2009 accordingly.

2. The employee stock options described herein vested in three tranches on January 12, 2005, January 12, 2006 and January 12, 2007.

3. As the 1,500 vested employee stock options were not exercised by the option holder, no payments were made to or by the Reporting Persons in respect of such options.

4. Temasek Holdings (Private) Limited ("Temasek") is the parent of Singapore Technologies Telemedia Pte Ltd, which is the direct parent of STTC, which is the parent of STT Crossing Ltd ("STT Crossing"), the designated filer. Because of the foregoing relationships, the direct and indirect parents of STT Crossing may be deemed to indirectly own the reported securities directly owned by STT Crossing. Temasek disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein.

Remarks:

	Pek Siok Lan, Director, STT Crossing Ltd	04/06/2011
	Chia Yue Joo, Managing Director, Temasek Holdings (Private) Limited	04/06/2011
	Pek Siok Lan, Company Secretary, Singapore Technologies Telemedia Pte Ltd	04/06/2011
	Pek Siok Lan, Company Secretary, STT Communications Ltd	04/06/2011
	** Signature of Reporting Person	Date
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