$1.8b

Bloomberg Businessweek (North America) - - Markets/Finance -

Ver­i­zon Com­mu­ni­ca­tions bulks up on fiber. It bought the net­work busi­ness of Carl Ic­ahn’s XO Com­mu­ni­ca­tions, ac­quir­ing 20,000 miles of long-haul fiber-op­tic routes.

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