XO Communications Article

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search
XO Holdings, Inc.
XO
Subsidiary
ISIN US65333H9P05
Industry Telecommunications
Predecessor
  • Nextlink Communications
  • Concentric Network Corporation
  • Allegiance Telecom, Inc.
FoundedJuly 4, 1996; 22 years ago (1996-07-04) in Bellevue, Washington
Headquarters Herndon, Virginia, U.S.
Areas served
Primarily the United States, South America, Europe, Middle East, Asia and Oceania
Key people
  • Chris Ancell, CEO
  • Amador Lucero, COO
Products VoIP services, Network Services, Hosted Services, Carrier / Wholesale
Parent Verizon Communications
Website www.xo.com

XO Communications (previously Nextlink Communications, Concentric Network Corporation and Allegiance Telecom, Inc. is a telecommunications company owned by XO Holdings, Inc ( OTCBB: XOHO). XO provides managed and converged Internet Protocol (IP) network services for small and medium-sized enterprises. [1] XO delivers services through a mix of fiber-based Ethernet and Ethernet over Copper (EoC). [2] In addition, the company has external network-to-network interface (E-NNI) agreements with traditional carriers and cable companies. [2]

Acquisition by Verizon Communications

In a news release dated February 22, 2016, Verizon announced plans to acquire XO Communications' "fiber-optic network business." [3] [4] A combined Verizon-XO offering is expected to be offered in June 2017 by a business unit for small businesses and government markets. [5][ needs update]

References

  1. ^ "XO Communications, LLC". www.bloomberg.com. Bloomberg. Retrieved 8 August 2017.
  2. ^ a b Buckley, Sean. "Level 3, tw telecom, other CLECs step up to Ethernet plate". FierceTelecom. Retrieved 8 August 2017.
  3. ^ Bob Varettoni (22 February 2016). "Verizon continues focus on network superiority with agreement to purchase XO Communications' fiber business". Verizon Communications. Retrieved 8 August 2017.
  4. ^ Gara, Antoine (22 February 2016). "Verizon To Buy XO Communications' Fiber Business For $1.8B From Billionaire Carl Icahn". Forbes. Retrieved 8 August 2017.
  5. ^ Moore, John (2017-03-13). "Unified Verizon-XO channel program set for June debut". SearchITChannel. Retrieved 2017-03-29.