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Telecom Companies: Lightyear Inks Carrier Services Agreement

September 23, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Lightyear Network Solutions, Inc. (OTCBB: LYNS), a provider of telecommunication services to businesses and consumers in North America, said it has inked a new multi-year carrier services agreement with XO Communications Services, Inc. to expand Lightyear’s nationwide footprint for its dedicated internet and ethernet private line services.

Services such as XO’s Dedicated Internet Access and Ethernet Private Line allow businesses to transmit locations at speeds up to 10 Gbps.

Kentucky-based Lightyear Network’s product offerings include local PRI and digital T1, enhanced internet services, MPLS, ethernet, Voice over Internet Protocol, local and long distance service, and conferencing.

Lightyear also offers wireless services to customers in the U.S. through wholesale contracts with multiple wireless providers.

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