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A Year Ago: MCI WorldCom, Sprint Talking Merger
News MCI WorldCom and Sprint have been discussing a mega-merger, but big obstacles still exist. MCI WorldCom and Sprint have been holding talks about a merger that would combine the US' second and third-largest long-distance carriers, though significant...
[September 24, 2000, 7:05]
MCI Worldcom Buys Sprint For $115bn
News In the largest merger ever, American telecoms giants MCI WorldCom and Sprint confirmed they are merging in a stock swap valued at $115bn (£70.12bn) excluding debt. The companies said the transaction will be "essentially non-dilutive" to MCI...
[October 5, 1999, 12:10]
MCI WorldCom, Sprint Talking Merger
News MCI WorldCom and Sprint have been holding talks about a merger that would combine the US' second- and third-largest long-distance carriers, though significant obstacles remain that could scuttle a deal, according to people familiar with the matter.
[September 24, 1999, 16:38]
WorldCom Confident MCI Deal Will Go Through
News WorldCom Inc.had to settle for its second choice of global phone companies when it made a $30 billion bid for MCI Communications Corp.this morning. That was the half-joking assertion of a supremely confident Bernard Ebbers, the rapier-wit president...
[October 2, 1997, 10:50]
WorldCom Nabs MCI
News WorldCom raised its bid for MCI Communications Corp.from $41.50 to to $50 a share, and MCI announced it had accepted the bid this morning. WorldCom's sweetened $37 billion all-stock bid beat out an earlier bid by British Telecommunications and a...
[November 10, 1997, 12:24]
US Report: EU Panel OKs Merger Between MCI-WorldCom
News A European Union antitrust panel recommended approval of the $37bn (£22.6bn) merger between telecommunications powers WorldCom and MCI Communications provided MCI sells its Internet businesses, an industry source said Friday.
[June 22, 1998, 10:27]
MCI WorldCom Tests Super-fast Net
News MCI WorldCom announced Tuesday it has successfully completed the first commercial test of next-generation optical networking equipment that can carry a terabit of Internet traffic every second. The hair-thin fibres from Nortel Networks have the...
[January 19, 2000, 10:27]
EC Fears Impact Of MCI-WorldCom Deal On Internet
News But the most that the EC can hope for is to force some divestments, and exact a guarantee that MCI-WorldCom will not impede competitors using its Internet backbone. Although both MCI and WorldCom are US companies, the EC has the power to review...
[March 5, 1998, 15:43]
Management Systems And Procedures
White Papers MCI WorldCom, with revenue of $30 billion, is the nation's fourth largest long distance provider and the fourth largest carrier in the world. These same proven management systems and procedures will be used to manage MCI WorldCom's FTS2001 program.
[December 13, 2005, 0:01]
Approach To Meeting The Government's Evolving Service Requirements
White Papers When frame relay emerged as one of the most popular alternatives, MCI WorldCom was able to meet customer demand with its Frame Relay service. MCI WorldCom is constantly enhancing its Frame Relay platform with new features.
[September 1, 2005, 3:00]
MCI Settles SEC Probe, Wins Iraq Contract
News WorldCom, which recently changed its name to MCI, flew high as a major Internet backbone provider until last year when an accounting scandal of titanic proportions collapsed its stock price, put its executives in severe legal peril, forced the...
[May 20, 2003, 16:11]
BT Buys Back Concert From MCI
News After WorldCom beat BT in the bid for MCI, BT said it intended to buy out its stake in Concert, but terms were not set until Wednesday. BT will regain control of Concert immediately after MCI merges with WorldCom, which is scheduled to happen later...
[August 14, 1998, 6:42]
ICANN Not Out Of Woods Yet
News The Internet for Assigned Names and Numbers, or ICANN, said it received one-year, unsecured loans of $500,000 from telecommunications company MCI Worldcom and $150,000 from network-equipment maker Cisco Systems In addition, ICANN Chief Executive...
[August 23, 1999, 14:48]
ICANN Secures Temporary Funds
News ZDNN reported Wednesday that Mike Roberts, ICANN's interim president and CEO, wrote in a 7 June email to officials at IBM and MCI Worldcom that unless he received an immediate cash infusion of $500,000 to $1m, "there won't be a functioning ICANN...
[August 20, 1999, 8:56]
ICANN On The Verge Of Financial Collapse
News In a 7 June email from Mike Roberts, ICANN's interim president and CEO, to officials from IBM and MCI Worldcom, Roberts says: "Reality suggests that unless there is an immediate infusion of $500,000 (£310,000) to $1m, there won't be a functioning...
[August 19, 1999, 16:16]
Net Needs Fatter Pipes - WorldCom
News And WorldCom (WCOM) knows all about growth-it's now the fourth-largest long-distance carrier in the U.S.and is about to leapfrog two places by acquiring No.2 MCI. Each MCI share will be exchanged for $51 in WorldCom stock.
[January 29, 1998, 10:45]
Sack Bonfield, Says Institute Of Directors Chief
News Norton disagrees claiming the City abandoned Bonfield when the MCI WorldCom deal fell through. He claims critics like WorldCom have been hypocritical. WorldCom is criticising the slowness of BT over unmetered but all the while it is raking it in on...
[September 28, 2000, 15:55]
UK Tech Week: Governments Must Be "progressive" Says MCI Boss
News MCI has now merged with WorldCom and an announcement of how they will compete with BT, Mercury and other UK carriers is due to be made this afternoon. WorldCom is expected to announce a £100m investment in a UK network which will target corporate...
[October 6, 1998, 14:14]
Poorly Timed Software Upgrade Paralyses Nasdaq
News Back in September, the Nasdaq and MCI WorldCom announced the completion of a $600m (£372m) extranet that was supposed to double the speed and capacity of the exchange's trading network. MCI WorldCom's Enterprise Wide Network II was purportedly...
[November 17, 1999, 11:00]
Net Heavyweights Launch Net Think Tank
News Backers of the new Internet Policy Institute include America Online, AT&T, The Morino Institute, MCI WorldCom, Nasdaq, Network Solutions, the Potomac KnowledgeWay and The Maverick Foundation. Other board members include Jenkins; Dyson; Vint Cerf...
[November 10, 1999, 11:42]
