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Carl Icahn
forbes.com
- Shares of XO Holdings, which owns CLEC XO Communications, closed more than 3 percent higher the first trading day after activist investor Carl Icahn bought 17.5 million shares in the company. Icahn paid more than $10 million for the stock and brought his total ownership to about 113.4 million shares, or 62 percent, up from about 53 percent.
www.channelfutures.com/unified-communications/carl-icahn-now-owns-62-of-xo-communications
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Feb 22, 2016 · Verizon Communications Inc, the No.1 U.S. wireless service provider, said it would buy Carl Icahn-owned XO Communications' fiber-optic network business for about $1.8 billion.
Feb 3, 2017 · Verizon Communications Inc. (VZ) recently completed the acquisition of privately held XO Communications Inc.'s dark fiber optic network.
Feb 1, 2017 · Verizon has completed its $1.8 billion acquisition of XO Communications, deepening its metro fiber density in 45 U.S. markets after overcoming an FCC review of the deal.
Industry: Telecommunications. CEO: Daniel F. Akerson. Website: https://www.xo.com. Ticker: XOXO. Company type: Revenues ($M): $1,259. Profits ($M): $-2,086. Market value ($M): Number of...
Feb 22, 2016 · Verizon (NYSE: VZ) is acquiring competitive provider XO Communications' fiber business for $1.8 billion, giving it an expanded network to deepen its Ethernet penetration while satisfying its small cell and wireless backhaul needs. Buying XO's fiber makes sense for Verizon on a number of levels.
Feb 1, 2017 · NEW YORK – As part of the company’s continual plans to build and deliver next-generation networks, Verizon Communications Inc. (NYSE, NASDAQ: VZ) announced today it has completed the $1.8 billion purchase of XO Communications’ fiber-optic network business.
