Xanadoo Co (XANDN/XANDN.PK) Wrap Up:

Xanadoo Company, through its subsidiaries, provides wireless Internet access and broadband communications to residential and business subscribers. The company offers wireless Xanadoo branded Internet service utilizing licensed frequencies in 2.5 GHz frequency band; and Pegasus Broadband branded service utilizing unlicensed frequencies in the 900 MHz, 2.4 GHz, and 5 GHz frequency bands. The company holds 32 licenses for use of frequencies located in the upper 700 MHz band to provide terrestrial communication services; holds rights to 2.5 GHz education broadcast services or broadband radio service channels; and intellectual property rights for the distribution of satellite-based services using Ku band BSS and Ka band FSS frequencies at certain orbital locations. As of December 31, 2005, it served approximately 2,500 subscribers. The company was founded in 1996 as Pegasus Communications Corp. and changed its name to Xanadoo Company in January 2007. The company is headquartered in Bala Cynwyd, Pennsylvania.