In 2014 the unemployment rate for people with only a high school education was 6%, while it was just 3.5% for those with a bachelor's degree, and less than 3% for those holding a master's degree. In effect, someone who has not graduated from college is twice as likely to be unemployed as someone who has.
In the U.S., XO owns and operates one of the largest IP and Ethernet networks that customers rely on for private data networking, cloud connectivity, unified communications and voice, Internet access, and managed services. The company, initially named NEXTLINK, first launched voice communications services on July 4, 1996.
February 22nd, 2016 by Rob Powell Â· 48 Comments. Verizon's heavy hand landed on the US communications M&A landscape today. The wild rumors turned out to be mostly true, although with a twist. The incumbent and wireless giant has signed an agreement to purchase XO Communications' fiber-optic business. Verizon will be paying $1.8B for XO's fiber-based network business. They'll be using the assets to help further the company's cell backhaul network while targeting operational synergies with a net present value of some $1.5B.