mci in news
RSS mci in newsTop five takeovers that shook the tech world
News Worldcom and MCI, $37bn, 1998: Telecoms giant Worldcom bought MCI, the long distance operator, in 1998 for around $37bn. In the process, Worldcom had to pay BT almost $7bn to buy out the UK company's 20 per stake in MCI. [04 Feb 2008]
AT&T-BellSouth merger gets FCC green light
News In 2005, Verizon Communications announced the acquisition of MCI, and SBC Communications said it would acquire AT&T. The US Federal Communications Commission (FCC) has approved the roughly $86bn mega-merger between AT&T and BellSouth, ending a... [02 Jan 2007]
AT&T-BellSouth merger back to square one?
News He urged his four colleagues, two Democrats and two Republicans, to return to the negotiating table and work out a unanimous agreement, as they did with mergers last year involving AT&T and SBC Communications, and Verizon and MCI. [19 Dec 2006]
No 'rubber-stamp' for US telco mega-merger
News A federal judge in the US has warned that he was no intention of "rubber-stamping" the merger of AT&T-SBC Communications and Verizon-MCI. Judge Emmet Sullivan, of the US District Court for the District of Columbia, continued to press the Department... [01 Dec 2006]
Alcatel-Lucent merger gets shareholder nod
News Last year, local phone company SBC Communications bought long distance carrier AT&T, and Verizon Communications bought MCI. Alcatel and Lucent Technologies shareholders approved Alcatel's $11bn acquisition of Lucent on Thursday, removing another... [08 Sep 2006]
US telco mega-mergers under scrutiny
News The Bush administration's approval of the mega-mergers of telcos AT&T and SBC and of Verizon and MCI has been challenged by a federal judge. US District Judge Emmet Sullivan said at the start of the hearing that he may not have enough information... [13 Jul 2006]
AA in £10m network outsourcing deal with C&W
News C&W beat off competition from BT, MCI and Siemens for the deal and Didcock said the main reason for choosing C&W was that it was the "lower risk option" because of the Energis connection (C&W having bought the telco for £674m last year). [28 Jun 2006]
BT and KDDI team up in Japan
News Its international competitors for large network-plus-IT contracts include AT&T, NTT - Japan's largest telco and fierce KDDI rival - Orange Business Services (previously Equant), Sprint and Verizon Business (previously MCI). [26 Jun 2006]
AT&T to grab BellSouth in deal worth $67bn
News Verizon announced its bid for long distance carrier MCI last year after SBC had announced its acquisition of AT&T. Eventually, Verizon paid $8.44bn for the formerly bankrupt MCI . AT&T said on Sunday it will acquire fellow phone company BellSouth... [06 Mar 2006]
Reed turns to Sirocom in €17m virtual network deal
News Sirocom, which stresses it is making voice over IP a reality for Reed as well as the use of Citrix thin clients, is using Global Crossing, MCI, Tiscali and other carriers. Sirocom has won a €17m, three-year deal to supply converged voice and data... [22 Feb 2006]
Easynet flush with Kohler contract win
News Easynet, purchased by BSkyB last October for over £200m, said it beat off competition from bigger networking providers AT&T, France Telecom and MCI. Luxury bathroom fittings maker Kohler has selected Easynet to manage its wide area network in a... [02 Feb 2006]
Microsoft tests Messenger update
News Late on Monday, Microsoft confirmed its plans and offered more details on the MCI arrangement, noting that it is not exclusive. During the beta period, customers will get one hour of free calling from MCI, with rates for more time starting at about... [13 Dec 2005]
Shaw Trust turns to Sirocom in £2.5m VNO deal
News He said turning to the VNO model means his organisation is unlikely to be left with wide area network (WAN) technology that quickly becomes dated and added Sirocom took care of extricating Shaw Trust from its previous contracts - with MCI across... [11 Nov 2005]
US bids to hold on to net
News MCI, BellSouth and Cisco Systems also participated. Less than two weeks before a United Nations summit on the internet begins, technology firms including Google, IBM and Microsoft are supporting the Bush administration's efforts to maintain the... [04 Nov 2005]
CIOs still excluded from the boardroom
News Only three per cent of Fortune Global 500 companies have a CEO with previous IT experience, including those at Intel, MCI, Progressive and Walgreen, while only three per cent of COOs have previous experience as CIOs. [19 Oct 2005]
