ɪn ɐ nˈuːz ɹᵻlˈiːs dˈeɪɾᵻd fˈɛbɹuːˌɛɹi twˈɛnti tˈuː, tˈuː θˈaʊzənd sˈɪkstiːn, vɛɹˈaɪzən ɐnˈaʊnst plˈænz tʊ ɐkwˈaɪɚɹ ˌɛksˈoʊ kəmjˌuːnɪkˈeɪʃənz "fˈaɪbɚɹˈɑːptɪk nˈɛtwɜːk bˈɪznəs."
In a news release dated February 22, 2016, Verizon announced plans to acquire XO Communications' "fiber-optic network business."