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WorldCom Chief Quits
News Ebbers, chief executive of US telecommunications giant WorldCom, has resigned, according to a report in The Wall Street Journal quoting company executives. Shares of WorldCom, the No. WorldCom was not immediately available to confirm the report.
[April 30, 2002, 11:19]
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]
WorldCom Case Throws Spotlight On Routing
Talkback Well, im not that familiar about that worldcom case but it seems that its the most devastating fraudulent act done by a CPA compare to the enron case. Could you please send me a brief summary of the worldcom case on my account.
[September 13, 2003, 8:05]
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 Chief Apologises In Washington
News WorldCom chief executive John Sidgmore trekked to the nation's capital on Tuesday to reassure regulators, apologise publicly, and pledge that financial shenanigans are in the troubled company's past. In his first public appearance since WorldCom...
[July 3, 2002, 7:42]
WorldCom Customers Urged To Hang On
News With WorldCom teetering on the brink of bankruptcy, the company's jittery customers are being advised hang tight for now but have a backup plan ready. Research firms such as Giga Information Group, Gartner and the Yankee Group say they've been...
[July 4, 2002, 11:33]
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]
WorldCom Job Losses Hit The UK
News The UK could bear the brunt of layoffs announced yesterday by US Internet service provider Worldcom, according to sources. WorldCom, which owns ISP UUNet, employs over 5,000 people in Britain. WorldCom has confirmed that the redundancies are part...
[May 3, 2001, 10:29]
WorldCom Analyst Walks Away With $30m
News Prominent Wall Street telecoms analyst Jack Grubman - whose role in the WorldCom scandal is under investigation - has walked away from investment house Salomon Smith Barney with $30m (£18m). Grubman was known for his bullish backing of telecoms...
[August 16, 2002, 10:53]
NICE Systems Case Study: WorldCom, Inc.
White Papers IEX and WorldCom have a common goal: making businesses run more efficiently. WorldCom provides enterprise communications services to small and global businesses. With almost 200 agents at its multi-site, multimedia contact centers, WorldCom depends...
[July 12, 2006, 0:00]
Sun Case Study: WorldCom
White Papers WorldCom investigated how it could open up its network management applications so customers could remotely access the information they need. WorldCom estimated it would cost $60 million to re-engineer its telecommunications applications in Java code.
[November 28, 2005, 23:00]
WorldCom Extends Its Service Leadership With Optical Ethernet
White Papers As the preeminent global communications company for the digital generation, WorldCom is well positioned to help businesses leverage its networks for competitive advantage. As part of its strategy to provide leading-edge services in a new generation...
[October 11, 2005, 0:00]
WorldCom Takes On BT, Offers Alternative Surftime
News MCI WorldCom is to roll out an alternative version of Surftime following a successful anti-competitive complaint against BT it is revealed Tuesday. In a complaint to Oftel WorldCom accuses BT of failing to offer a wholesale version of its unmetered...
[April 18, 2000, 15:36]
News Schmooze: WorldCom Or WorldCon?
News WorldCom shaken by missing $4bn It's WorldCom this time, but the indications are that, with Enron-style accounting practices rife in corporate America, the company won't be the last. Now, no one could have seen this coming -- a major technology...
[June 28, 2002, 14:31]
WorldCom Crisis Shakes Customers' Faith
News Herb Peyerl, network manager of Calgary-based Internet service provider Middle Digital, blanched when he heard about WorldCom's $4bn accounting fiasco. Peyerl's largest customer, a large international division of a Fortune 500 company, is hosted in...
[June 27, 2002, 12:11]
WorldCom Shaken By Missing $4bn
News WorldCom fired its top financial executive on Tuesday after discovering that the company had improperly accounted for almost $4bn (£2.8bn) on its corporate balance sheets during the past five quarters.
[June 26, 2002, 8:37]
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 new company will be named WorldCom.
[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]
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]
Hungry WorldCom Eats Two More Slices
News It was only about a year ago that WorldCom Inc.bought MFS Communications Co.and gained ownership of the business-focused Internet provider UUNet Technologies Inc. WorldCom has also filled a void in its services: network integration.
[September 9, 1997, 9:15]
