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To: Softechie who wrote (36156)9/27/2001 12:54:22 PM
From: Frederick Langford  Read Replies (1) | Respond to of 37746
 
Hey Techie,

XOXO Communications Confirms It Expects to Meet 3rd Quarter Revenue and EBITDA
Estimates
Business Editors/Hi-Tech Writers

RESTON, Va.--(BUSINESS WIRE)--Sept. 27, 2001--XO Communications,
Inc. (NASDAQ:XOXO), one of the nation's leading providers of broadband
communications services, today confirmed previously announced
estimates for the company's third quarter 2001 revenue and EBITDA
(operating loss adjusted for stock-based compensation, depreciation,
and amortization).
XO expects that revenue will fall in line with previously
announced financial estimates of $330 to $340 million for the third
quarter of 2001. The company also expects that its third quarter
EBITDA will be consistent with its previous estimates of a $45 to $55
million EBITDA loss.
XO will provide financial details for the quarter during its
quarterly results conference call in late October.

About XO Communications

XO Communications is one of the world's leading providers of
broadband communications services offering a complete set of
communications services, including: local and long distance voice,
Internet access, Virtual Private Networking (VPN), Ethernet,
Wavelength, Hosting and Integrated voice and data services.
XO has assembled an unrivaled set of facilities-based broadband
networks and Tier One Internet peering relationships in the United
States. XO currently offers facilities-based broadband communications
services in 63 markets throughout the United States. The Company is
also one of North America's largest holders of fixed broadband
wireless spectrum, with licenses covering 95 percent of the population
of the 30 largest U.S. cities.

The statements contained in this release that are not historical
facts are "forward-looking statements" (as such term is defined in the
Private Securities Litigation Reform Act of 1995). These statements
include those describing the expected future operations of XO and the
potential benefits of the arrangements and services described in this
release. Management wishes to caution the reader that these
forward-looking statements are only predictions and are subject to
risks and uncertainties and actual results may differ materially from
those indicated in the forward-looking statements as a result of a
number of factors. These factors include, but are not limited to,
those risks and uncertainties described from time to time in the
reports filed by XO Communications with the Securities and Exchange
Commission, including its Annual Report on Form 10-K for the year
ended December 31, 2000 and in it's Quarterly Report on Form 10-Q for
the quarter ended June 30, 2001. XO, XO Not Just Talk and the XO
design logo are trademarks of XO Communications, Inc. Other product or
service names mentioned herein are the trademarks of their respective
owners.

Fred