Worldcom

On Monday, it’s Vodafone-AirTouch. Wednesday, it’s SBC-Comcast. Friday must mean BellSouth. (Actually, it’s Thursday as I write this so if anything has happened to BellSouth, I should be on Wall …

Bundling continues to push forward, albeit at a slow pace. A recent Arthur Andersen survey of telecommunications companies found 66 percent of respondents offer bundled services to business customers, and …

Today’s telecommunications behemoths soon will rank right up there with journalists and used-car salesman on the “Who don’t you trust” list. As competition tries to come to the telecom industry, …

The nation’s largest independent cellular carrier last week entertained bids from two potential acquirers in what could become a global bidding war. AirTouch Communications Inc. last week confirmed it was …

NEW YORK-MapInfo Corp., Troy, N.Y., agreed to acquire On Target Mapping, a Pittsburgh, Pa., provider of mapping data solutions for telecommunications companies, including AT&T Corp., Cable & Wireless plc, MCI …

MCI Worldcom in published reports indicated it would be interested in buying a mobile phone service company in the coming years as competition drives down the value of wireless companies. …

WASHINGTON-Justice Department antitrust czar Joel Klein, sending a mixed message, predicts Baby Bells will face local competition from wireless and wireline firms over time, even if mega-mergers among dominant telecom …

WASHINGTON-In an exclusive interview provided to RCR, the Rev. Jesse Jackson said his Rainbow/PUSH Coalition plans to announce aggressive opposition against pending telecom mega-mergers at the Federal Communications Commission’s Dec. …

NEW YORK-MCI WorldCom, Jackson, Miss., announced Nov. 20 it has formed the MCI WorldCom Fund, a venture-capital fund to invest in companies “that can create demand for and increase the …

OXFORD, United Kingdom-The “Year 2000” problem has become a priority item on the agenda of the International Telecommunication Union (ITU), reflecting the reality that the global network is only as …

NEW YORK-Securities and Exchange Commission Chairman Arthur Levitt accused Corporate America of “manipulation” and “illusion” when accounting for certain costs. “In the zeal to satisfy consensus earnings estimates and project …

LONDON-Cable & Wireless plc completed its $1.75 billion cash acquisition of MCI Corp.’s U.S.-based Internet business, including its Internet backbone services, about 1,000 specialist employees, as well as its retail …

WASHINGTON-NAACP President Kweisi Mfume last week called for a boycott of two top wireless firms-AirTouch Communications Inc. and AllTel Corp.-for inadequate representation of African Americans in employment and contracting practices, …

NEW YORK-Recent gyrations in the public capital markets have made for splashy headlines, but they are not likely to stop telecommunications mergers unless there is a prolonged and profound slump, …

NEW YORK-As mergers among telecommunications giants tear around the track at breathtaking speed, it may seem that domestic deregulation, intended to promote competition, has instead achieved consolidation. However, a glance …

NEW YORK-Telecommunications carriers broke records Aug. 6 in the debt markets, with WorldCom Inc. selling the largest corporate bond issue ever and a Bell Atlantic Corp. subsidiary, the biggest exchangeable …

The quest for international partnerships continued last week as AT&T Corp. announced a $10 billion joint-venture plan with British Telecommunications plc to more strongly position itself in the global market. …

WASHINGTON-The European Commission last week gave conditional approval to the proposed merger between MCI Communications Corp. and WorldCom Inc. The approval is subject to the divestiture of MCI’s Internet services …

WASHINGTON-The European Commission in early July gave conditional approval to the proposed merger between MCI Communications Corp. and WorldCom Inc. The approval is subject to the divestiture of MCI’s Internet …

SINGAPORE-If there’s one good thing that has come out of the current economic crisis in Southeast Asia, it’s the added push it has given to the long-talked-about and much-needed shakeout …

MCI Communications Corp. apparently is selling cellular service to residential customers once again after customer service representatives had told potential customers MCI wasn’t taking on new cellular subscribers after June …

WASHINGTON-A seemingly parochial fight between a small San Diego firm and two European manufacturing giants over next-generation wireless technology could foreshadow a larger confrontation between the United States and the …

WASHINGTON-Telecom mergers, traditionally seen as threatening by organized labor, have become major platforms for unions and civil-rights groups to push their agendas and try to leverage concessions. As the Communications …

WASHINGTON-The decision whether to approve the proposed $62 billion merger between SBC Communications Inc. and Ameritech Corp. could be driven as much by politics as by antitrust scrutiny, judging from …

WASHINGTON-GTE Corp. filed a private antitrust lawsuit at a U.S. federal district court here last week in an attempt to block the planned $38 billion merger of WorldCom Inc. and …