12/04/07
XO Communications Praises Federal Communications Commission and Congressional Support for 5-0 FCC Decision Denying Verizon's Petition for Forbearance
HERNDON, VA - BACKGROUND: With strong support from the U.S. Congress, the Federal Communications Commission today unanimously denied Verizon's petition for regulatory forbearance from Section 251(c)(3) of the Telecommunications Act, which requires the former Bell monopolies to provide economically-priced access to unbundled network elements (UNEs).
The following comments are attributable to Heather Burnett Gold, senior vice president - external affairs, at XO Communications.
"XO Communications praises Chairman Martin and each of the Commissioners for a unanimous decision denying Verizon's petition for forbearance, and thanks Congress for its pro-consumer support of competition throughout this proceeding."
"Today the FCC delivered a solid victory for competition and for millions of consumers. Strong bipartisan leadership from the House and Senate Commerce Committees, as well as efforts from individual Representatives and Senators, played a vital role - demonstrating the public interest in maintaining a vibrant competitive market that delivers choice, innovation and lower prices to business and residential customers."
"The FCC made the right decision based on a thorough analysis of the evidence. This action helps ensure that competition will continue to thrive, and that markets where Verizon sought forbearance will not fall under the unchallenged rule of the single provider."
About XO Communications
XO Communications, a subsidiary of XO Holdings, Inc. (OTCBB: XOHO.OB), is a leading provider of 21st century communications services for businesses and communications services providers, including 50 percent of the Fortune 500 and leading cable companies, carriers, content providers, and mobile operators. Utilizing its unique and powerful nationwide IP network and extensive local metro networks and broadband wireless facilities, XO offers customers a broad range of managed voice, data and IP services in 75 metropolitan markets across the United States. For more information, visit www.xo.com.
For more information contact:
Chad Couser / XO Communications
703-547-2746
chad.couser@xo.com
