XO Communications announced wholesale local voice services agreements with nine regional and national competitive local exchange carriers (CLECs): Access Point, AireSpring, Capital Telecommunications, Cross Stream Communications, InterGlobe, LDMI Telecommunications, QTel, Rural Communications, and Wholesale Carrier Services. The CLECs will leverage XO's Wholesale Local Voice Services to offer local data and voice services to businesses in as many as 36 markets across the U.S.
XO said that with its recent acquisition of Allegiance Telecom, it can now offer additional facilities-based services like Wholesale Local Voice Services to other carriers in 36 markets across the U.S. http://www.xo.com/products/carrier/local
- In February 2004, XO Communications won a bankruptcy court auction to acquire the assets of Allegiance Telecom and its subsidiaries except for Allegiance's customer premise equipment sales and maintenance business, its managed modem business and certain other Allegiance assets and operations. The wining bid was for approximately $311 million in cash and approximately 45.38 million shares of XO common stock.
