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Technology Stocks : XO Holdings, Inc. (XOHO - XO Communications)

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From: tech1019/16/2008 12:11:00 PM
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XO Ranks "Top telecommunications provider on the 2008 InformationWeek 500"

XO Communications Ranks in Top 30 on 2008 InformationWeek 500
Tuesday September 16, 11:32 am ET

The XO IT-IP Transformation Project Initiated Near-Total Shift From TDM to IP-Based Voice and Data Services; Project Revolutionizes Telecommunications Industry's Customer Billing Processes

MONARCH BEACH, CA--(MARKET WIRE)--Sep 16, 2008 -- XO Communications (OTC BB:XOHO.OB - News), a leading provider of communications services for businesses and communications services providers, today announced that it ranked number 27 and was the top telecommunications provider on the 2008 InformationWeek 500. The ranking was revealed last night at a gala awards ceremony, part of the exclusive InformationWeek 500 Conference at the St. Regis Resort in Monarch Beach, Calif. XO Communications garnered recognition for The XO IT-IP Transformation Project, which almost entirely replaced its TDM offering with IP-based voice and data services and significantly re-tooled XO's IT Operational Systems Infrastructure. The Project also created the telecommunication industry's first-ever bandwidth-based pricing for IP-based services and revolutionized customer billing processes in the telecommunications industry.

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