Composed of 186 cities and townships, Minneapolis – St. Paul is the most populated urban area in Minnesota. Also known as the Twin Cities, an interesting fact about St. Paul is that the name of the original settlement that became St. Paul was Pig’s Eye (named for the French-Canadian whiskey trader, Pierre “Pig’s Eye” Parrant, who had led squatters to the settlement).
XO Communications has recently extended the reach of its nationwide 19,000 mile network across the Twin Cities metropolitan area. By instituting added points of presence across the Minneapolis – St. Paul metro area, XO has more than doubled its addressable market – allowing XO to service hundreds to thousands of new companies as well as provide a more viable option for their local and long distance networking and communications needs.
Minnesota XO Communications general manager, Mark Feil has said that XO is “very excited” about the network expansion and the ability to serve more businesses. Feil went on to report that because of XO Communications’ winning combination of their broad network reach, numerous network access options, and extensive portfolio of services, “XO Communications is uniquely positioned as a leading competitive alternative for businesses’ communications and network needs.”
The extension tacks on an additional 190 route miles to the XO metropolitan network and increases XO Communications’ reach to include the eastern and northern suburbs of Shoreview, Blaine, Anoka, Fridley, Crystal and Maplewood. Moreover, in order to increase the availability of high-speed, scalable Ethernet services to businesses in the Twin Cities area, XO has deployed Ethernet-over-copper technology more broadly across its network.
The extension also comes on the heels of XO Communication’s announcement of a six year, multi-vendor agreement for providing managed network services to the United States Postal Service in February of this year. The services include: engineering, design, installation, MPLS IP-VPN and router management to over 1,400 United States Postal Service locations, and is expected to bring in $45 million in revenues.
XO Communication’s expansions are good news – especially during these difficult economic times. XO grew less than 1 percent last year, and CO Holdings Co. reported annual revenues that were basically flat in 2010. Ascribing their losses to a $20 million impairment charge related to its LMDS licenses, XO finished out 2010 with cash and cash equivalents of $69.6 million.
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