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Technology Stocks : XO Holdings, Inc. (XOHO - XO Communications) -- Ignore unavailable to you. Want to Upgrade?

To: tech101 who wrote (596)	2/28/2011 5:40:45 PM
From: FJB	Respond to of 615

XO launches cloud-based unified communications service connectedplanetonline.com FEB 28, 2011 9:46 AM, By Joan Engebretson Offering includes diagnostic probe, targets companies with 50-1000 employees at multiple locations A new offering from XO Communications, launched today, will extend the company’s unique pricing methodology to cloud-based unified communications, XO Communications Director of Product Management Eric Hyman told Connected Planet. The company has had significant success with VoIP pricing based on connection bandwidth, rather than the number of voice-grade equivalent lines. The new UC offering, dubbed XO Enterprise Cloud Communications, uses the same approach—although there is a per-seat charge for certain UC features. Exact pricing will vary but “the average per-seat price will be roughly $50,” Hyman said. Pricing includes the phone as part of the monthly expense. “We’re carrying the capital on our own books,” said Hyman. Customers also will have the option of choosing video-capable devices. A management probe comes with the service XO Enterprise Cloud Communications runs on the company’s MPLS-based Tier 1 backbone network. “We provide class of service and a great deal of control,” Hyman said. “For every location we deploy, we deploy a monitoring probe.” By using special software in combination with the probe, XO monitors traffic outside of the customer’s local area network. “If we have to troubleshoot, we can look at what happened to the packets and why [a problem] may have happened,” Hyman explained. If a customer were to experience static on a call at a certain day and time, XO would be able to determine if, for example, someone at the enterprise was downloading a large video that was not coded for the proper service class at that exact time. XO expects the new offering to be popular in the healthcare, education, professional services, retail and financial sectors. Such organizations, Hyman said, are interested in minimizing costs by moving functionality to the service provider cloud. A typical customer is expected to have multiple sites and to have between 50 and 1000 employees.

To: tech101 who wrote (596)	4/8/2011 12:23:54 AM
From: FJB	Respond to of 615

Press Release Source: XO Holdings, Inc. On Thursday April 7, 2011, 4:14 pm EDT HERNDON, VA--(Marketwire - 04/07/11) - The Special Committee of the Board of Directors of XO Holdings, Inc. (OTC.BB:XOHO - News) announced today that it has retained JP Morgan Securities LLC as its financial advisor, Dechert LLP as legal counsel and Richards, Layton & Finger, P.A. as Delaware counsel. The Special Committee was formed on January 21, 2011 to consider, review and evaluate the proposal made on January 19, 2011 by ACF Industries Holding Corp., which is an affiliate of Carl C. Icahn, to acquire, either directly or through an affiliate, ownership of 100 percent of XO Holdings. Under the proposal, holders of common stock of XO Holdings, other than ACF Holding and its affiliates, would receive consideration of $0.70 net per share in cash. The Special Committee members are Robert Knauss and Fredrik Gradin. Former member Harold First resigned effective March 5, 2011. Robert Knauss and Fredrik Gradin stated, "As with the past offer made by ACF Industries in 2009, the Special Committee intends to thoroughly evaluate this unsolicited offer put forward by ACF Industries with the assistance of its advisors. We intend to review this proposal in a timely manner, and there can be no assurance that the Special Committee will approve any transaction with ACF Industries." In 2009, the Special Committee declined to recommend an earlier ACF Industries proposal to acquire the remaining shares of XO Holdings common stock that ACF Industries did not then own.

To: tech101 who wrote (596)	4/8/2011 5:43:05 PM
From: FJB	1 Recommendation Read Replies (1) \| Respond to of 615

Press Release Source: XO Holdings, Inc. On Friday April 8, 2011, 3:34 pm EDT HERNDON, VA--(Marketwire - 04/08/11) - On April 8, 2011, Carl J. Grivner resigned as Chief Executive Officer, President, and Director of XO Holdings, Inc. (the "Company") (OTC.BB:XOHO - News). Mr. Grivner stated, "It has been an honor and privilege for me to work at XO for eight years. My decision to leave the company to pursue other opportunities is a personal and difficult one. I wish the Company and all of its dedicated employees all the best in the future." Carl C. Icahn, the Chairman of the Company's Board of Directors and majority shareholder, stated, "We wish Carl the best in his future endeavors and thank him for his contributions to the Company. We are fortunate to have one of the deepest management teams and one of the strongest balance sheets in the telecommunications industry with approximately $1 billion in equity and no outstanding debt." The Company's Board of Directors is conducting an executive search to identify a new Chief Executive Officer and will consider both internal and external candidates. The Board of Directors has established an executive committee to oversee the Company's operations until a permanent chief executive is selected. The executive committee will be comprised of Daniel J. Wagner, who will continue to lead XO's Business Services unit, Ernest Ortega, who will continue to lead its Carrier Services unit, and Laura W. Thomas, the Company's Chief Financial Officer, who will oversee all corporate functions and other business units. Mr. Grivner has agreed to assist the Company during this transition period.