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

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To: FJB who wrote (517)9/22/2009 10:09:33 PM
From: FJB  Read Replies (1) of 615
 
XO Communications Issues Guarantee to Provide "Ethernet Everywhere"

Extends Leadership Position in the Carrier Ethernet Market
Press Release

Source: XO Communications
On Tuesday September 22, 2009, 8:15 am EDT

HERNDON, VA--(Marketwire - 09/22/09) - XO Communications (OTC.BB:XOHO - News) today announced the launch of "Ethernet Everywhere," a service availability guarantee ensuring its Carrier Services' customers can obtain Ethernet services anywhere within XO's coverage area. This service availability guarantee is the first of its kind by any nationwide service provider.

"It's well understood that the largest problem facing the industry with Ethernet is its lack of widespread availability," said Ernie Ortega, president of XO Carrier Services. "This revolutionary guarantee demonstrates XO's continued commitment to meeting the latest demands of the market, and Ethernet certainly fits that mold."

XO's Ethernet access options range from 3Mbps up to 10Gbps and are used to support a variety of services such as private line, dedicated Internet access, and MPLS IP-VPN. Offered through the end of 2009, the guarantee is available to any Carrier Services' customer that chooses up to 10Mbps Ethernet service within one of XO's 42 Ethernet-enabled local access and transport areas (LATAs). Should XO be unable to deliver the service within the agreed upon timeframe to the requested location, the customer will receive a one-month credit equal to the value of the Ethernet service ordered.

This program is the latest in a line of unique and industry-leading XO Carrier Service guarantees, which include the popular "10 Gigs in 10 Days" -- the industry's first installation guarantee promising wholesale customers installation of up to 10Gbps transport service within 10 business days -- and the recently introduced Wavelength FLEX program, which gives customers the ability to respond to evolving business and network demands without incurring additional costs.

"Our team continues to identify and invest in new ways to remain at the forefront of the telecommunications industry by offering accessibility, flexibility and premium service -- be it in the form of service guarantees, cutting edge products, or continued network investments," said Ortega.

In each of the last four years, XO has generated more than $1.4 billion in revenue while executing its strategic long-term plan for expansion. In the last two years alone, XO has invested more than $450 million to grow and enhance its infrastructure, resulting in a footprint covering nearly half of all businesses in the United States. Such investments have enabled XO to respond quickly to customer demands and become a leading, more agile provider of the most advanced, high-capacity network services available.
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