Addition of XO Ethernet Hub Service Allows Carrier to Meet Customer Demand for Ethernet Connectivity
HERNDON, VA--(Marketwire - 10/19/10) - XO Communications (OTC.BB:XOHO - News), a leading provider of advanced communications services and solutions for businesses, enterprises, government, carriers and other service providers, today announced that it has been selected by Transaction Network Services (TNS) to provide its award-winning Ethernet Hub Service. Through this innovative service, TNS, a leading provider of data communications and interoperability solutions, will be well positioned to grow its business, reach new customers and streamline cost and equipment needs throughout the U.S.
As TNS continues to expand its operations, both domestically and internationally, consolidating its high bandwidth applications has become necessary in order to maintain the highest level of service for its customers in the retail, banking, financial services and telecommunications industries. To that end, it was vital that the company be equipped to transport a significant amount of data traffic across multiple platforms securely and effectively. XO's Ethernet Hub Service is the flexible and cost effective solution that TNS needed to optimize network reach and performance.
XO Ethernet Hub Service is a point to multipoint service that leverages the expansive XO fiber footprint and market leading off-fiber Ethernet access delivery methods, such as Ethernet over Copper (EoC) technology, to reach nearly 4 million businesses across the U.S. Utilizing more than 400 EoC-enabled local service offices (LSOs) across the U.S., XO Ethernet Hub Service allows its customers to meet their customer demands for Ethernet connectivity without investing in expensive fiber networks.
"As TNS has grown, our diverse range of Ethernet products and unmatched network reach have enabled us to address its growing bandwidth needs," said Ernie Ortega, president of XO Carrier Services. "Through our Ethernet Hub Service, we're effectively helping TNS streamline its costs and ensure greater exposure and reach to its target customers."
"XO was able to offer TNS a highly-customized solution that met our specific needs, particularly as they've evolved during the last several years," said Mark Cole, Chief Network Officer, of TNS. "For nearly a decade, we've partnered with XO on a variety of fronts and can confidently say its vast network and intuitive level of customer service has been integral to our success. Now equipped with the XO Ethernet Hub Service, TNS is well-positioned to maintain steady growth and momentum into the future."
About XO Communications
XO Communications, a subsidiary of XO Holdings, Inc. (OTC.BB:XOHO - News), is a leading nationwide provider of advanced communications services and solutions for businesses, enterprises, government, carriers and service providers. Its customers include more than half of the Fortune 500, in addition to leading cable companies, carriers, content providers and mobile network operators. Utilizing its unique combination of high-capacity nationwide and metro networks and broadband wireless capabilities, XO offers customers a broad range of managed voice, data and IP services with proven performance, scalability and value in more than 75 metropolitan markets across the United States. For more information, visit www.xo.com.
Cautionary Language Concerning Forward-Looking Statements
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) that involve risks and uncertainties. These statements include those describing our expectations concerning the response of potential customers to our network expansion. Management cautions the reader that these forward-looking statements are only predictions and are subject to a number of both known and unknown risks and uncertainties; and that actual results, performance, and/or achievements of XO Communications may differ materially from the future results, performance, and/or achievements expressed or implied by these forward-looking statements as a result of a number of factors, including the risk factors described from time to time in the reports filed by XO Holdings, Inc. with the Securities and Exchange Commission, such as its Annual Report on Form 10-K for the year ended December 31, 2009 and its quarterly reports on Form 10-Q. XO Holdings, Inc. undertakes no obligation to update any forward-looking statements, except as otherwise required by law.
Contact: Courtney Harper Reputation Partners (for XO Communications) (312) 819-5722 email@example.com Lynn Sheka Reputation Partners (for XO Communications) (312) 447-2575 firstname.lastname@example.org