XO Communications Submits Bid for Cable & Wireless America

RESTON, Va.--(BUSINESS WIRE)--Jan. 16, 2004--XO Communications, Inc. (OTCBB:XOCM.OB), one of the nation's leading providers of broadband telecommunications services, today announced that it has submitted a bid for the assets of Cable & Wireless USA Inc. and Cable & Wireless Internet Services, Inc., jointly known as Cable & Wireless America (CWA), wholly-owned subsidiaries of Cable and Wireless plc (NYSE: CWP; LSE: CW).

Details about XO Communications' bid were not released.

XO Communications is a leading broadband telecommunications services provider offering a complete set of telecommunications services, including: local and long distance voice, Internet access, Virtual Private Networking (VPN), Ethernet, Wavelength, Web Hosting and Integrated voice and data services.

XO has assembled an unrivaled set of facilities-based broadband networks and Tier One Internet peering relationships in the United States. XO currently offers facilities-based broadband telecommunications services within and between more than 70 markets throughout the United States.