{"id":13414,"date":"2016-02-03T16:09:30","date_gmt":"2016-02-03T16:09:30","guid":{"rendered":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/e-commerce\/breaking_rumor_verizon_to_buy_xo.html"},"modified":"2022-10-14T18:31:33","modified_gmt":"2022-10-14T22:31:33","slug":"breaking-rumor-verizon-to-buy-xo","status":"publish","type":"post","link":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/technology\/breaking-rumor-verizon-to-buy-xo.html","title":{"rendered":"Breaking Rumor: Verizon to buy XO"},"content":{"rendered":"<p><a href=\"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/uploads\/xo.png\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/assets_c\/2016\/02\/xo-thumb-500x243-14901.png\" alt=\"xo.png\" width=\"500\" height=\"243\" \/><\/a><br \/>Spectrum is the new beach front property according to Peter Radizeski @radinfo and he has a very reliable source which tells him Verizon is in&nbsp;<a href=\"http:\/\/blog.tmcnet.com\/on-rads-radar\/2016\/02\/a-big-deal-in-the-works.html\">late-stage talks<\/a> to purchase <a href=\"http:\/\/www.tmcnet.com\/query\/SearchResults.aspx?searchstring=xo+communications&#038;type=phrase&#038;stem=True&#038;phonic=False&#038;fuzzy=0&#038;feeds=True&#038;area=0&#038;sort=date\">XO Communications<\/a>.<\/p>\n<p>More from Peter:<\/p>\n<div style=\"padding-left: 30px;\"><span>&#8220;XO is the largest owner of&nbsp;<\/span><a href=\"https:\/\/transition.fcc.gov\/Bureaus\/Wireless\/Factsheets\/lmds.html\">LMDS spectrum<\/a><span>, currently [<\/span><a href=\"http:\/\/seekingalpha.com\/article\/39635-xo-communications-expands-broadband-fixed-wireless-services\">2007<\/a><span>] worth $35.8 million, in the nation. NextLink, the wireless operation of XOHO, recently launched its broadband wireless services in Las Vegas and increased its wireless portfolio to 14 markets at the speed of covering 1 to 2 metro areas\/month: Washington DC, Boston, Atlanta, Tampa, Miami, Nashville, Chicago, Kansas City, Dallas\/Ft. Worth, Houston, LA, Seattle, Phoenix, Las Vegas &#8211; already more than its almost only competitor in LMDS fixed wireless services, FiberTower. The remaining large LMDS spectrum owner, Level 3, through its acquisition of Telecove.&#8221; [<\/span><a href=\"http:\/\/seekingalpha.com\/article\/39635-xo-communications-expands-broadband-fixed-wireless-services\">seekingalpha<\/a>] IDT also owned a chunk of this spectrum too.<\/div>\n<p><span><br \/><\/span>We&#8217;ll see if he is correct &#8211; I have a lot of trust in his scoops &#8211; he has been very accurate in the past. As a reminder, I <a href=\"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/verizon\/i-correctly-predicted-the-verizon-terremark-spinoff-last-may.html\">told you<\/a> about Verizon&#8217;s Terremark spin off eight months before the <a href=\"http:\/\/www.reuters.com\/article\/us-verizon-datacenters-exclusive-idUSKBN0UJ29G20160106\">Reuters exclusive<\/a>. Hopefully TMCnet will be two for two on Verizon rumors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Spectrum is the new beach front property according to Peter Radizeski @radinfo and he has a very reliable source which tells him Verizon is in&nbsp;late-stage talks to purchase XO Communications. More from Peter: &#8220;XO is the largest owner of&nbsp;LMDS spectrum, currently [2007] worth $35.8 million, in the nation. NextLink, the wireless operation of XOHO, recently<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[171,162,1677,164,118,174,175],"tags":[],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/13414"}],"collection":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/comments?post=13414"}],"version-history":[{"count":1,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/13414\/revisions"}],"predecessor-version":[{"id":18582,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/13414\/revisions\/18582"}],"wp:attachment":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/media?parent=13414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/categories?post=13414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/tags?post=13414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}