XO's revenue ticks up 4% in the fourth quarter

04/4/2011 | Channel Partners

XO Holdings reported nearly flat revenue for 2010 although sales picked up somewhat in the fourth quarter, the telecom provider reported. The company, which is in the midst of reviewing a buyout proposal from investor Carl Icahn, said it could meet its obligations for the next 12 months, but noted it needs more capital to carry out its strategic plans.

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