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Time Warner Telecom pays $532 million for Xspedius

Posted Jul 28th 2006 3:54PM by David Kretzmann (RSS feed)
Filed under: Deals, Insiders

According to company reports this evening, Time Warner Telecom Inc. purchased $531.5 million for Xspedius Communications LLC., a privately held telecom services company that provides connection mostly to business and carrier customers.

I'm no expert on Time Warner Telecom, but the thing to look for is whether this purchase will become a good asset, not a liability. If TWTC can properly manage Xspedius's business, then I see it as a good purchase. When looking at Time Warner Telecom's financials, I'm hesitant to say that they are in the financial shape for this purchase. This competitor comparison shows that TWTC has negative Net Income, which makes me wonder if this is really a good time for the purchase of Xspedius.

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