M&A Deal Summary

XO Communications Acquires Allegiance Telecom

On April 5, 2004, XO Communications acquired communications company Allegiance Telecom

Acquisition Highlights
  • This is XO Communications’ 1st transaction in the Communications sector.
  • This is XO Communications’ 1st transaction in the United States.
  • This is XO Communications’ 1st transaction in Texas.

M&A Deal Summary

Date 2004-04-05
Target Allegiance Telecom
Sector Communications
Buyer(s) XO Communications
Deal Type Special Situations/Distressed

Target

Allegiance Telecom

Dallas/Fort Worth Area, Texas, United States
Allegiance Telecom was launched as a competitive local exchange carrier (CLEC) to take advantage of the market opportunities created by the passage of the 1996 Telecommunications Act. It focused on serving small- to mid-sized businesses in major U.S. cities.

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Buyer(S) 1

Buyer

XO Communications

Bellevue, Washington, United States

Category Company
Sector Communications
DESCRIPTION

National facilities-based provider of broadband communications services.


DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Special Situations/Distressed) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2004) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-22 XO Communications - Fiber Business

United States

XO Communications - Fiber Business is a fiber-based IP and ethernet networks for enterprise and wholesale customers.

Sell $1.8B