6/3/03
XO Communications Names Brian Oliver as Executive Vice President of Strategy and Corporate Development
Reston, VA - XO Communications, Inc. today announced that it has appointed Brian Oliver as Executive Vice President of Strategy and Corporate Development. In this role, Mr. Oliver will manage the company's strategic planning process and be responsible for implementing corporate development activities such as identifying, negotiating and closing acquisitions, partnerships and other such relationships. In addition, he will also oversee the technical development activities associated with optimizing the value of XO's wealth of LMDS spectrum.
"We are excited to have Brian as part of our team," said Carl Grivner, XO Chief Executive Officer. "His wealth of telecom experience, strategic relationships and leadership skills will be a tremendous asset to XO as we build upon our world-class position in the industry."
Mr. Oliver's career in telecom spans more than 20 years. Prior to joining XO, he was the Founder, Chairman and CEO of Cambrian Communications, a facilities-based metropolitan area network provider, delivering end-to-end, all-optical network solutions between New York and Washington, DC. Before forming Cambrian, Mr. Oliver was the founder, President and CEO of Wave International, Inc. In his career, he also held various senior positions at Bell Atlantic Corporation including Vice President of Corporate Development and Vice President of Federal Regulatory Relations. In addition, Mr. Oliver has been a board member of and advisor for various privately held telecom related companies.
"I am thrilled to be joining XO at this time," said Brian Oliver. "XO's state-of-the-art broadband network, distinctive service offerings and customer base are significant differentiators for us. When combined with our healthy balance sheet and strong leadership team, we are well positioned to leverage the changes currently underway throughout the industry."
About XO Communications
XO Communications is a leading broadband communications service provider offering a complete set of communications services, including: local and long distance voice, Internet access, Virtual Private Networking (VPN), Ethernet, Wavelength, Web Hosting and Integrated voice and data services.
XO has assembled an unrivaled set of facilities-based broadband networks and Tier One Internet peering relationships in the United States. XO currently offers facilities-based broadband communications services in more than 60 markets throughout the United States.
For more information contact:
Dawnyielle Downes/ XO Communications
Media and Industry Analysts
703-547-2682 or 703-675-3450
XO Communications Investor Relations Department
Financial Analysts
877-444-2068
