O'FALLON, MO (April 11, 2005) - In an agreement that expands the presence of Xspedius Communications, LLC, in the Southeast, Xspedius is purchasing five markets from ICG Communications, Inc.: Atlanta, GA; Birmingham, AL; Charlotte, NC; Louisville, KY; and Nashville, TN. Xspedius is acquiring the entire business of ICG in these markets, including customers, access to 194 buildings, more than 500 fiber miles, and network facilities and assets. The transaction brings Charlotte, NC, into the Xspedius footprint and enhances the extensive network Xspedius currently owns in the other four markets.
Under a management agreement, Xspedius will assume immediate control of ICG's business in each city. ICG employees will be integrated into Xspedius' local market operations. The deal will enable Xspedius to offer greater service - including dialtone, Ethernet/IP and fiber connectivity - to local and integrated voice and data customers. Xspedius also will be entering the IP-hosted marketplace in these cities via ICG's VoicePipe service.
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