What is XO Communications used for? XO Communications is a telecommunications company owned by XO Holdings, Inc OTCBB: XOHO. XO provides managed services and converged Internet Protocol network services that combine voice, Internet access, and private data networking for small and medium sized companies, enterprises, national and government accounts.
Who owns XO Communications? NEW YORK – As part of the company’s continual plans to build and deliver next-generation networks, Verizon Communications Inc. (NYSE, NASDAQ: VZ) announced today it has completed the $1.8 billion purchase of XO Communications’ fiber-optic network business.
What is Verizon XO? was an American telecommunications company. Before being purchased by and later absorbed by Verizon Communications. XO provided managed and converged Internet Protocol (IP) network services for small and medium-sized enterprises.
When did Verizon purchase XO Communications? Verizon on Monday said it will buy XO Communications’ fiber-optic network business in a deal valued at $1.8 billion. The deal is expected to close in the first half of 2017. For Verizon, the acquisition will bolster its enterprise and wholesale businesses.