The carriers agreed that Verizon would acquire Herndon, Va.-based XO Communications' fiber-based IP and Ethernet networks. XO's established fiber assets will help Verizon better serve its ...

Now that telecom giant Verizon has closed its acquisition of XO Communications, Janet Schijns, executive vice president of solution and sales channels for Verizon Business Markets, has integration ...

By the numbers: Verizon will pay $38.50 per share in cash, a 37% premium to where Frontier traded before news leaked of a ...

Verizon Communications Inc. has raised $10 billion in short-term bank financing to finance the acquisition of Frontier Communications Parent Inc. This is reported in a Verizon press release. A ...