XO, Nextel Sign $100 Million Contract
RESTON, Va., July 26 -- US telecom company XO Communications Inc. will provide more than $100 million worth of telecommunications services to wireless service provider Nextel Communications Inc. in a multiyear deal. Under the terms of the agreement, XO, based in Reston, Virginia, will serve as one of the primary underlying providers of network services between cities for Nextel's long distance services.
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