It’s almost over for XO Communications. According to this article, XO is weighing a takeover bid by Carl Icahn, and it may file for bankruptcy soon. More telling to me is that XO filed its annual report with the SEC; in it, the accounting firm said it has “substantial doubt about (XO’s) ability to continue as a going concern.” I understand those to be code words meaning the company is near death. Again, there’s no information yet about whether anyone’s web hosting or DSL service will be affected.
