XO Communications
XO Communications, LLC (previously Nextlink Communications, Concentric Network Corporation and Allegiance Telecom, Inc.) was an American telecommunications company. It was purchased and absorbed by Verizon Communications.
XO | |
Type | Subsidiary |
Industry | Telecommunications |
Predecessors |
|
Founded | July 4, 1996 in Bellevue, Washington |
Fate | Absorbed by Verizon |
Successor | Verizon Communications |
Headquarters | , |
Areas served | Primarily the United States, South America, Europe, Middle East, Asia and Oceania |
Key people | |
Products | VoIP services, Network Services, Hosted Services, Carrier / Wholesale |
Website | www |
Services
XO provided managed and converged Internet Protocol (IP) network services for small and medium-sized enterprises.[1] XO delivered services through a mix of fiber-based Ethernet and Ethernet over Copper (EoC).[2] In addition, the company had external network-to-network interface (E-NNI) agreements with traditional carriers and cable companies.[2]
Acquisition
In a news release dated February 22, 2016, Verizon announced plans to acquire XO Communications' "fiber-optic network business."[3][4] In 2017, Verizon completed its $1.8 billion acquisition of XO Communications.[5][6] As of summer 2020 all XO services have been migrated to Verizon.
References
- "XO Communications, LLC". www.bloomberg.com. Bloomberg. Retrieved 8 August 2017.
- Buckley, Sean. "Level 3, tw telecom, other CLECs step up to Ethernet plate". FierceTelecom. Retrieved 8 August 2017.
- 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.
- Gara, Antoine (22 February 2016). "Verizon To Buy XO Communications' Fiber Business For $1.8B From Billionaire Carl Icahn". Forbes. Retrieved 8 August 2017.
- Forrest, Conner (1 February 2017). "Verizon buys XO for $1.8B to boost its 5G wireless gigabit plans". TechRepublic. Retrieved 2020-01-30.
- "After delay, Verizon wraps $1.8B XO acquisition, deepening metro fiber density in 45 markets". FierceTelecom. Retrieved 2020-01-30.