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Verizon to buy XO Communications' fiber-optic business

2016-02-22 17:22:03| Telecom - Topix.net

Verizon Communications Inc, the No.1 U.S. wireless service provider, said it would buy Carl Icahn-owned XO Communications' fiber-optic network business for about $1.8 billion. Verizon said the deal will include XO's fiber-based Internet protocol and Ethernet networks that will help serve its enterprise and wholesale customers.

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Category:Telecommunications

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