diff --git a/BCL.csproj b/BCL.csproj
index 1cd2e7421..b84d0656c 100644
--- a/BCL.csproj
+++ b/BCL.csproj
@@ -169,14 +169,15 @@
     <TypeScriptCompile Include="promises\index.ts" />
     <TypeScriptCompile Include="http\http.ts" />
     <TypeScriptCompile Include="ios7.d.ts" />
-    <TypeScriptCompile Include="globals\globals.android.ts">
-      <DependentUpon>globals.d.ts</DependentUpon>
-    </TypeScriptCompile>
-    <TypeScriptCompile Include="globals\globals.d.ts" />
-    <TypeScriptCompile Include="globals\globals.ios.ts">
-      <DependentUpon>globals.d.ts</DependentUpon>
-    </TypeScriptCompile>
     <TypeScriptCompile Include="globals\index.ts" />
+    <TypeScriptCompile Include="timer\index.ts" />
+    <TypeScriptCompile Include="timer\timer.android.ts">
+      <DependentUpon>timer.d.ts</DependentUpon>
+    </TypeScriptCompile>
+    <TypeScriptCompile Include="timer\timer.d.ts" />
+    <TypeScriptCompile Include="timer\timer.ios.ts">
+      <DependentUpon>timer.d.ts</DependentUpon>
+    </TypeScriptCompile>
     <Content Include="_references.ts" />
     <TypeScriptCompile Include="Console\console.d.ts" />
     <Content Include="Image\Readme.md" />
diff --git a/globals/Readme.md b/globals/Readme.md
index 8b6f5299f..aef82f8ec 100644
--- a/globals/Readme.md
+++ b/globals/Readme.md
@@ -1,16 +1,6 @@
-Globals module for defining functions part of the global context - you need only to call *require* for this module and all globals will be registered. For example setTimeout:
+Globals module for defining functions part of the global context - you need only to call *require* for this module and all globals will be registered. For example:
 ```js
     require("globals");
 
 	setTimeout(function(){ log("Test"); }, 2000);
-
-	var id = setTimeout(function(){ log("Test"); }, 2000);
-	...
-	clearTimeout(id);
-
-	setInterval(function(){ log("Test"); }, 2000);
-
-	var intervalId = setInterval(function(){ log("Test"); }, 2000);
-	...
-	clearInterval(intervalId)
 ```
\ No newline at end of file
diff --git a/globals/index.ts b/globals/index.ts
index 0178cdb2c..5e78e0ee6 100644
--- a/globals/index.ts
+++ b/globals/index.ts
@@ -1,8 +1,8 @@
 declare var module, setTimeout, clearTimeout, setInterval, clearInterval;
-import globals = require("globals/globals");
-module.exports = globals;
+import timer = require("timer/timer");
+module.exports = timer;
 
-setTimeout = globals.setTimeout;
-clearTimeout = globals.clearTimeout;
-setInterval = globals.setInterval;
-clearInterval = globals.clearTimeout;
\ No newline at end of file
+setTimeout = timer.setTimeout;
+clearTimeout = timer.clearTimeout;
+setInterval = timer.setInterval;
+clearInterval = timer.clearTimeout;
\ No newline at end of file
diff --git a/timer/Readme.md b/timer/Readme.md
new file mode 100644
index 000000000..e3364367f
--- /dev/null
+++ b/timer/Readme.md
@@ -0,0 +1,16 @@
+Timer module. Functions also can be availble in the global context if you require *globals* module.
+```js
+    require("globals");
+
+	setTimeout(function(){ log("Test"); }, 2000);
+
+	var id = setTimeout(function(){ log("Test"); }, 2000);
+	...
+	clearTimeout(id);
+
+	setInterval(function(){ log("Test"); }, 2000);
+
+	var intervalId = setInterval(function(){ log("Test"); }, 2000);
+	...
+	clearInterval(intervalId)
+```
\ No newline at end of file
diff --git a/timer/index.ts b/timer/index.ts
new file mode 100644
index 000000000..9ffc7c961
--- /dev/null
+++ b/timer/index.ts
@@ -0,0 +1,2 @@
+declare var module, require;
+module.exports = require("timer/timer");
\ No newline at end of file
diff --git a/globals/globals.android.ts b/timer/timer.android.ts
similarity index 96%
rename from globals/globals.android.ts
rename to timer/timer.android.ts
index 9718717cc..8c8ad66ce 100644
--- a/globals/globals.android.ts
+++ b/timer/timer.android.ts
@@ -1,5 +1,5 @@
 /**
-  * Android specific global functions implementation.
+  * Android specific timer functions implementation.
   */
 var timeoutHandler;
 var timeoutCallbacks = {};
diff --git a/globals/globals.d.ts b/timer/timer.d.ts
similarity index 75%
rename from globals/globals.d.ts
rename to timer/timer.d.ts
index 604d705a6..c5500fbb1 100644
--- a/globals/globals.d.ts
+++ b/timer/timer.d.ts
@@ -1,5 +1,5 @@
 /**
-  * global functions.
+  * Timer functions.
   */
 export declare function setTimeout(callback: Function, milliseconds: number): number;
 export declare function clearTimeout(id: number): void;
diff --git a/globals/globals.ios.ts b/timer/timer.ios.ts
similarity index 95%
rename from globals/globals.ios.ts
rename to timer/timer.ios.ts
index a601e123b..8e1167ae4 100644
--- a/globals/globals.ios.ts
+++ b/timer/timer.ios.ts
@@ -1,5 +1,5 @@
 /**
-  * iOS specific global functions implementation.
+  * iOS specific timer functions implementation.
   */
 var timeoutCallbacks = {};