After Tuesday’s poll looking at which network providers will be buyers in 2011, several readers suggested a followup poll looking at the most likely sellers. As it happens, I had already anticipated that suggestion but didn’t want them to run the same day. I also decided to give some different polling software (PollDaddy) another trial. Those of you who found Tuesday’s poll to be broken for a while that morning, it should be all fixed now so go back and have your say! I’ll give my own take on both questions next week.
Which US Network Providers Are Most Likely To Be Bought In 2011? (Select 3)customer surveys
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Categories: Mergers and Acquisitions · Polls
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OMG! Puff Daddy, I mean PollDaddy, worked like a charm!
Give those nerds a big STAR! 🙂
This will be only what the 100th time we see XO at the top. LOL. Give it up already.
AT&T, Verizon and XO Communications Services Inc. have been awarded spots on a multimillion-dollar telecommunications contract from the U.S. Postal Service.
Verizon Business Services was awarded a six-year, $186 million contract; AT&T won a six-year, $100 million contract; and XO Communications received a six-year, $45 million contract, according to award notices released Jan.5.
So Cheer on the merger so more people lose their jobs. You all suck.
XO is and will continue to be shopped. However Icahn loves the tax benefits associated with the company in his larger portfolio and will only sell when he has a smoken deal. At the end of this year with the retirement of Grivner and introduction of Wagner as CEO things may change at a more rapid pace. Wagner’s contract ends at the end of this year after a $2M bonus and with Wayne out, he will be the next CEO and is not an “Icahn” guy’s guy.
Icahn already has the ability to sell while keeping the massive NOL’s acquired over the years by XO. Before anything is decided 2 pending lawsuits against Icahn and XO need to be settled.
Icahn just announced he will begin negotiations to purchase the minority stake in XO with R2 and the Class Action plaintiffs… his opening offer is an absurd $0.70… we will see what the final number is… any guesses?
Rob… one suggestion… start a poll here on how much XO is worth… 1.5 billion? 3 billion?
I ran that question, or one like it, a while back.
http://www.telecomramblings.com/2009/09/what-is-xo-worth/
The problem is that I have a rather large population of XO shareholders amongst my readership, so they came in with a rather high number!
BTW, $3B? That would correspond to a stock price of $11.86, which ain’t gonna happen. $1.5B would be like $3.60 or something like that, which would be more than 5 times what Icahn offered today. Not that what Icahn offered implies value, but I’m just saying the difference in perception is just staggering…
Looks like there were a few good guesses that have worked out so far this year. Of course none of them were my guess.