MCI came to Washington in 1972 with so few assets that it became known as a law office with an antenna. Today, that once-combative law office has grown into a 98,000-mile telecommunications network, ...
Verizon Communications' winning $6.7 billion bid for MCI this week closes the latest and likely final chapter in one of the great rebel stories of American business. Two decades ago, MCI helped ...
Lobbying against the regional Bells is about to become a lonely cause for XO Communications Inc. of Reston. For years, XO, MCI Inc. and AT&T Corp. were more or less comrades fighting regional phone ...
It was perhaps the worst-kept secret in the $250 billion telecommunications industry: AT&T and MCI have been trying to sell themselves for years. Now that SBC Communications is buying AT&T, the other ...
The General Services Administration's inspector general's office has told the agency to consider suspending MCI as a contractor — the latest in a series of blows to strike the tarnished ...
Verizon, the nation's largest regional phone company, reached a deal Sunday night to acquire MCI for about $6.6 billion in cash and stock, the latest merger in the rapidly consolidating ...
MCI Inc. on Monday announced it had done something rare for a company seeking a buyer: It chose the low bid. The long-distance carrier’s decision to turn down a $7.3-billion offer from Qwest ...
Things have been looking up for bankrupt telecommunications giant MCI, formerly, and still legally, known as WorldCom. Although the company has been mired in Chapter 11 bankruptcy proceedings and a ...
Richard Roscitt, who has 30 years of experience in the telecommunications industry, has been appointed the next president and chief operating officer of MCI, the troubled U.S. carrier announced ...
MCI has accepted a revised $7.64 billion acquisition bid from Verizon Communications, rejecting a higher offer from Qwest Communications, MCI announced Tuesday. The Verizon bid increases the cash ...
MCI: "This is the telecommunications deal of the century!" Sprint: "Oh, this may help them play a little catch-up in the areas where we are the leader." AT&T: "MCI likes to talk about themselves in ...
MCI Inc. has accepted a revised US$7.64 billion acquisition bid from Verizon Communications Inc., rejecting a higher offer from Qwest Communications International Inc., MCI announced Tuesday. The ...