RESTON, Va.-Broadband telecommunications services provider XO Communications Inc. announced the Federal Communications Commission has approved its acquisition of the assets of bankrupt Allegiance Telecom Inc.
“The combination of XO and Allegiance will bring the type of competition to the regional Bell operating companies originally envisioned by Congress when it enacted the Telecommunications Act of 1996,” said Carl Grivner, XO’s chief executive officer. “With our national network footprint in more local markets across the country, XO will be able to offer businesses more choices for their local, national and end-to-end telecommunications needs.”
XO plans to complete the acquisition, which will double the points of presence in the 36 metropolitan areas where the companies operate, during the second quarter of this year.
