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

To: FJB who wrote (602)	5/11/2011 2:42:47 PM
From: tech101	1 Recommendation Respond to of 615

Lionsgate vs Carl Icahn - The judgement fits XOHO's case perfectly by replacing Lionsgate with XOHO: hollywoodreporter.com “From the board’s point of view – a point of view the chambers judge found to be reasonable in the circumstances – Lionsgate was under siege by a person who makes it his business to obtain control, or threaten to obtain control, of operating businesses, extract large amounts of money from them, and leave them vastly weakened, if not bankrupt,” the appeal court decision reads.

To: FJB who wrote (602)	5/11/2011 5:36:42 PM
From: tech101	1 Recommendation Respond to of 615

Sidera, FiberLight to Go on the Auction Block (at 10 x EBITDA) MAY 11, 2011 By ANUPREETA DAS Fiber-optic network companies Sidera Networks and FiberLight LLC are on the sales block, people familiar with the matter said, hoping to fetch high prices amid the explosive national demand for high-speed communications services. Sidera, which operates an Internet network in cities such as New York and Chicago, is seeking around $800 million, these people said. That price is about 10 times its roughly $80 million in annual earnings before interest, taxes, depreciation and amortization, and in the range of what other fiber-optic companies have recently sold for, they added. Sidera, the Latin name for "constellation of stars," operates a network that it says carries every major stock-exchange trade in the New York City area. The company was previously known as RCN Metro Optical Networks, a unit of RCN Corp., which was taken private in a 2010 leveraged buyout by Abry Partners. FiberLight, which is also privately-owned, had about $50 million in annual EBITDA and is seeking as much as $500 million, the people familiar with the matter said. Founded in 1998, FiberLight provides network services, including broadband Internet, in and around cities such as Atlanta, Houston and Miami. The companies have hired investment banks to run auctions, and private equity firms that own fiber assets, as well as larger telecommunications companies such as AboveNet Inc., Paetec Holding Corp. and tw Telecom Inc. are expected to take a look, the people familiar with the matter said. Representatives for Sidera and FiberLight did not return requests for comment. Companies that own and operate fiber-optic networks, which transmit phone calls and data through pulses of light, are seeing a reversal in their fortunes amid surging Internet traffic use for video, photographs, and music. When many of these fiber networks were first laid in the late 1990s, Internet usage hadn't matured, and companies such as Global Crossing Ltd. filed for bankruptcy protection to reduce their debts. Last month, Level 3 Communications said it would buy Global Crossing for $1.9 billion, in a deal that will merge the two companies' fiber-optic networks. Last year, a number of regional fiber operators, including KDL Inc. and Fibertech Networks LLC, found buyers. Write to Anupreeta Das at anupreeta.das@wsj.com Read more: online.wsj.com