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XO Records Impairment Charge in Results

XO Communications Inc. on Friday reported an annual net loss of $405.6 million on revenue of $1.3 billion. The Reston, Va., national telecommunications carrier said revenue of $369.4 million in the fourth quarter rose 42 percent over the period a year ago, but XO recorded a quarterly loss of $271.4 million. The loss was due […]

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