ExhibitTable No.of Description ----------- ----------- 99.1 Asia Global Crossing Ltd. Press Release, dated January 28, 2002Contents

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549-1004

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of report (Date of earliest event reported) July 22, 2002

Asia Global Crossing Ltd.
(Exact Name of Registrant as Specified in Charter)


Bermuda (State or Other Jurisdiction of Incorporation)		000-30994 (Commission File Number)		98-022-4159 (IRS Employer Identification No.)


Mintflower Place, 2nd Floor, 8 Par-la-Ville Road, Hamilton, Bermuda (Address of Principal Executive Offices)		HM 08 (Zip Code)

Registrant’s telephone number, including area code (441) 296-6485

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	Item 5. Other Events.
	Item 7. Financial Statements and Exhibits.
SIGNATURE
EXHIBIT INDEX
Exhibit 99.1

Item 5. Other Events.

On July 19, 2002, Asia Global Crossing Ltd. (“Asia Global Crossing”) issued a press release announcing that its majority-owned subsidiary Pacific Crossing Ltd. (“PCL”) and certain affiliates of PCL have commenced voluntary Chapter 11 cases in the United States Bankruptcy Court in Delaware.

A copy of the Asia Global Crossing press release, dated July 19, 2002, is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 7. Financial Statements and Exhibits.


(c)		Exhibits.
99.1		Asia Global Crossing Ltd. Press Release, dated July 19, 2002

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


	ASIA GLOBAL CROSSING LTD.

	By:	/s/ Stefan C. Riesenfeld

		Name: Stefan C. Riesenfeld Title: Chief Financial Officer

Dated: July 19, 2002

EXHIBIT INDEX


Exhibit No.		Description

99.1		Asia Global Crossing Ltd. Press Release, dated July 19, 2002

ExhibitTable No.of Description ----------- ----------- 99.1 Asia Global Crossing Ltd. Press Release, dated January 28, 2002Contents

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