XO Communications: Difference between revisions
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{{Short description|American telecommunications company}} |
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{{Infobox company |
{{Infobox company |
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| name = XO Communications, LLC |
| name = XO Communications, LLC |
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| logo = |
| logo = XO_Communications_logo.svg |
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| logo_size = 150px |
| logo_size = 150px |
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| trade_name = XO |
| trade_name = XO |
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| type = [[Subsidiary]] |
| type = [[Subsidiary]] |
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| industry = [[Telecommunication]]s |
| industry = [[Telecommunication]]s |
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| fate = |
| fate = Replaced by Verizon |
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| predecessors = *Nextlink Communications |
| predecessors = *Nextlink Communications |
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*Concentric Network Corporation |
*Concentric Network Corporation |
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*Allegiance Telecom, Inc. |
*Allegiance Telecom, Inc. |
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| successor = |
| successor = [[Verizon Communications]] |
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| founded = {{Start date and age|1996|07|04}} in [[Bellevue, Washington]] |
| founded = {{Start date and age|1996|07|04}} in [[Bellevue, Washington]] |
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| founder = <!-- or: | founders = --> |
| founder = <!-- or: | founders = --> |
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| num_employees = |
| num_employees = |
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| num_employees_year = <!-- Year of num_employees data (if known) --> |
| num_employees_year = <!-- Year of num_employees data (if known) --> |
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| parent = |
| parent = |
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| divisions = |
| divisions = |
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| subsid = |
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'''XO Communications, LLC''', previously '''Nextlink Communications''', '''Concentric Network Corporation''' and '''Allegiance Telecom, Inc.''', was an American [[telecommunications]] company. It was purchased and replaced by [[Verizon Communications]]. |
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'''XO Communications, LLC''' (previously '''Nextlink Communications''', '''Concentric Network Corporation''' and '''Allegiance Telecom, Inc.''') is a [[telecommunications]] company owned by [[Verizon Communications]]. XO provides managed and converged Internet Protocol (IP) network services for small and medium-sized enterprises.<ref>{{cite web|title=XO Communications, LLC|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=4955271|website=www.bloomberg.com|publisher=Bloomberg|accessdate=8 August 2017}}</ref> XO delivers services through a mix of fiber-based Ethernet and Ethernet over Copper (EoC).<ref name=FierceTelecom>{{cite news|last1=Buckley|first1=Sean|title=Level 3, tw telecom, other CLECs step up to Ethernet plate|url=http://www.fiercetelecom.com/special-report/level-3-tw-telecom-other-clecs-step-up-to-ethernet-plate|accessdate=8 August 2017|work=FierceTelecom|language=en}}</ref> In addition, the company has external network-to-network interface (E-NNI) agreements with traditional carriers and cable companies.<ref name=FierceTelecom/> |
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== Services == |
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==Acquisition by Verizon Communications== |
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In a news release dated February 22, 2016, [[Verizon Communications|Verizon]] announced plans to acquire XO Communications' "fiber-optic network business."<ref>{{cite web|author1=Bob Varettoni|title=Verizon continues focus on network superiority with agreement to purchase XO Communications' fiber business|url=http://www.verizon.com/about/news/verizon-continues-focus-network-superiority-agreement-purchase-xo-communications-fiber|publisher=Verizon Communications| |
XO provided managed and converged Internet Protocol (IP) network services for small and medium-sized enterprises.<ref>{{cite web|title=XO Communications, LLC|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=4955271|website=www.bloomberg.com|publisher=Bloomberg|access-date=8 August 2017}}</ref> XO delivered services through a mix of fiber-based Ethernet and Ethernet over Copper (EoC).<ref name=FierceTelecom>{{cite news|last1=Buckley|first1=Sean|title=Level 3, tw telecom, other CLECs step up to Ethernet plate|url=http://www.fiercetelecom.com/special-report/level-3-tw-telecom-other-clecs-step-up-to-ethernet-plate|access-date=8 August 2017|work=FierceTelecom|language=en}}</ref> In addition, the company had external network-to-network interface (E-NNI) agreements with traditional carriers and cable companies.<ref name=FierceTelecom/> |
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==Acquisition== |
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In a news release dated February 22, 2016, [[Verizon Communications|Verizon]] announced plans to acquire XO Communications' "fiber-optic network business."<ref>{{cite web|author1=Bob Varettoni|title=Verizon continues focus on network superiority with agreement to purchase XO Communications' fiber business|url=http://www.verizon.com/about/news/verizon-continues-focus-network-superiority-agreement-purchase-xo-communications-fiber|publisher=Verizon Communications|access-date=8 August 2017|language=en|date=22 February 2016}}</ref><ref>{{cite news|last1=Gara|first1=Antoine|title=Verizon To Buy XO Communications' Fiber Business For $1.8B From Billionaire Carl Icahn|url=https://www.forbes.com/sites/antoinegara/2016/02/22/verizon-to-buy-xo-communications-fiber-business-for-1-8b-from-billionaire-carl-icahn/#15465977f697|access-date=8 August 2017|work=Forbes|date=22 February 2016|language=en}}</ref> In 2017, Verizon completed its $1.8 billion acquisition of XO Communications.<ref>{{Cite web|url=https://www.techrepublic.com/article/verizon-buys-xo-for-1-8b-to-boost-its-5g-wireless-gigabit-plans/|title=Verizon buys XO for $1.8B to boost its 5G wireless gigabit plans|date=1 February 2017|first=Conner |last=Forrest |website=TechRepublic |language=en |access-date=2020-01-30 }}</ref><ref>{{Cite web|url=https://www.fiercetelecom.com/telecom/after-delay-verizon-wraps-1-8b-xo-acquisition-deepens-metro-fiber-density-45-markets|title=After delay, Verizon wraps $1.8B XO acquisition, deepening metro fiber density in 45 markets|website=FierceTelecom|language=en|access-date=2020-01-30}}</ref> As of summer 2020 all XO services have been migrated to Verizon. |
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==References== |
==References== |
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{{ |
{{Reflist}} |
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{{Verizon}} |
{{Verizon}} |
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{{Authority control}} |
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{{DEFAULTSORT:Xo Communications}} |
{{DEFAULTSORT:Xo Communications}} |
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[[Category:1996 establishments in Washington (state)]] |
[[Category:1996 establishments in Washington (state)]] |
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[[Category:Herndon, Virginia]] |
[[Category:Herndon, Virginia]] |
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[[Category:Verizon |
[[Category:Verizon acquisitions]] |
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[[Category:2017 mergers and acquisitions]] |
[[Category:2017 mergers and acquisitions]] |
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Latest revision as of 15:51, 21 September 2024
XO | |
Company type | Subsidiary |
Industry | Telecommunications |
Predecessors |
|
Founded | July 4, 1996Bellevue, Washington | in
Fate | Replaced 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 |
XO Communications, LLC, previously Nextlink Communications, Concentric Network Corporation and Allegiance Telecom, Inc., was an American telecommunications company. It was purchased and replaced by Verizon Communications.
Services
[edit]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
[edit]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
[edit]- ^ "XO Communications, LLC". www.bloomberg.com. Bloomberg. Retrieved 8 August 2017.
- ^ a b 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.
- Companies based in Fairfax County, Virginia
- Telecommunications companies of the United States
- Transit-free networks
- Telecommunications companies established in 1996
- American companies established in 1996
- 1996 establishments in Washington (state)
- Herndon, Virginia
- Verizon acquisitions
- 2017 mergers and acquisitions
- United States telecommunications company stubs