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Articles
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Announcements
| Xspedius Secures $55 Million in Investment Funding |
Xspedius Secures $55 Million in Financing
March 16, 2005 -- Xspedius Communications, LLC, a leading facilities-based integrated communications provider, announced today that it has successfully completed a senior secured debt financing in the amount of $55 million that was privately arranged by Jefferies & Company, Inc. This news follows an announcement by Xspedius that it posted five consecutive quarters of positive EBITDA and achieved positive cash flow by the end of 2004.
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Posted on Apr 03, 2005 07:57am by Xspedius
(Read More... | 2195 bytes more)
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| Xspedius Finishes 2004 in Strong Financial Shape |
Xspedius Finishes 2004 in Strong Financial Shape
March 9, 2005 -- O’FALLON, MO – 27 months after the consolidation of the companies that led to its birth, Xspedius Communications, LLC, a leading facilities-based integrated communications provider, ended 2004 with record revenue and positive cash flow.
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Posted on Apr 03, 2005 07:55am by Xspedius
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