Version: 2008
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Content from CNET tagged with

MCI Inc. [x] , merger [x]

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News Stories

Showing 1-20 of 23 results found

MCI shareholders approve Verizon merger

October 6, 2005 Eighty-eight percent vote in favor of the deal. Focus is now on obtaining regulatory approval. TAGS: MCI Inc., merger, shareholder, Verizon Communications, Qwest Communications Inc.

Verizon moves forward after merger

January 24, 2006 Telephone company begins marketing to the old MCI business clients as it distances itself from the old MCI and moves on. TAGS: MCI Inc., Verizon Communications, merger, AT&T Corp., VPN, brand

Qwest to turn up heat on SBC-AT&T merger fight

April 25, 2005 Letter to FCC says merger would result in higher prices, reduced service quality, and fewer choices for customers. TAGS: Qwest Communications Inc., MCI Inc., merger, SBC Communications Inc., AT&T Corp., Verizon Communications, California

MCI acquires Totality

August 3, 2005 Long-distance giant continues to acquire companies even as it prepares its mega merger with Verizon. TAGS: MCI Inc., acquisition, merger, Verizon Communications, Web hosting, asset

MCI chief's severance deal nears $40 million

September 2, 2005 Should he leave Verizon post-merger, Michael Capellas stands to get a package far sweeter than the one he got when he departed HP. TAGS: Michael Capellas, MCI Inc., merger, WorldCom Inc., salary, shareholder, Verizon Communications, bonus, HP

Verizon closes book on MCI merger

January 6, 2006 The saga of Verizon's $8.44 billion buyout of long distance carrier MCI finally ends. The CEO prepares to depart. TAGS: MCI Inc., Verizon Communications, Michael Capellas, AT&T Corp., merger, high-speed Internet access, acquisition, Internet access, CEO, U.S., TV

Qwest continues its fight for MCI

February 18, 2005 Qwest CEO sends letter to MCI's board requesting more information about Verizon's bid so that his company can prepare counteroffer. TAGS: MCI Inc., Qwest Communications Inc., WorldCom Inc., offer, Verizon Communications, merger, fight, letter, carrier, advisor, CEO

DOJ approves telecom megamergers

October 27, 2005 U.S. Department of Justice gives the green light on the Verizon-MCI merger and the SBC-AT&T transaction. TAGS: MCI Inc., SBC Communications Inc., approval, AT&T Corp., Verizon Communications, merger, telecommunications, building, telephone company, U.S.

Qwest waits by phone for MCI to call

February 28, 2005 Afraid of having no date for the telecom merger ball, smallest Baby Bell looks to revise its offer. TAGS: Qwest Communications Inc., MCI Inc., offer, Legg Mason Inc., bid, Verizon Communications, merger, pricing

Merger mania promises fewer, bigger telcos

February 7, 2005 Merger after merger, the market is contracting rapidly--with widespread speculation about what'll happen next. TAGS: MCI Inc., merger, Qwest Communications Inc., Sprint Nextel, BellSouth Corp., Verizon Communications, SBC Communications Inc., telecommunications company, telecommunications, exec, acquisition, cell phone, AT&T Corp.

Telecom megamergers get final federal OK

October 31, 2005 The FCC gives green light to mergers of Verizon Communications and MCI, SBC Communications and AT&T. TAGS: SBC Communications Inc., merger, approval, MCI Inc., provision, Verizon Communications, AT&T Corp., telecommunications, provider, commission

No 'rubber stamp' on telecom mergers, judge says

December 1, 2006 Judge says he'll do "independent review" of deals between AT&T-SBC and Verizon-MCI, but offers no hints of when a ruling will come. TAGS: Tunney Act, merger, MCI Inc., telephone company, antitrust, AT&T Corp., Verizon Communications, federal judge, telecommunications, government, attorney

Verizon, MCI to link up in $6.7 billion deal

February 14, 2005 Valentine's Day betrothal will give regional titan Verizon access to MCI's worldwide long-distance and IP networks. TAGS: MCI Inc., Verizon Communications, telecommunications, BellSouth Corp., wireless carrier, acquisition, carrier, telephone company, AT&T Corp., merger, CEO, IP

Judge plans to review AT&T, Verizon deals

July 12, 2006 A federal judge in Washington says he may permit witnesses to describe the twin mergers' impact on competition. TAGS: Tunney Act, merger, witness, federal judge, AT&T Corp., Judge, antitrust, SBC Communications Inc., MCI Inc., Verizon Communications, impact, government, attorney, Washington

Can telecoms wring profit from enterprise IP?

May 18, 2005 AT&T and MCI say new IP services are growing like crazy, but they may have trouble making money from them. TAGS: IP VPN, MCI Inc., MPLS, AT&T Corp., IP, telecommunications, SBC Communications Inc., data service, Verizon Communications, telecommunications company, merger, VPN, acquisition, location

Telco heads can't rule out post-merger price hikes

March 2, 2005 CEOs of Verizon, SBC tell congressional panel that rate increases aren't planned after mega-mergers, but can't be ruled out. TAGS: MCI Inc., SBC Communications Inc., AT&T Corp., merger, telecommunications company, telecommunications, telephone company, Verizon Communications, Nextel Communications Inc., CEO, fiber, cell phone, Sprint Nextel

Feds defend approval of telecom megamergers

December 14, 2006 In court filing, the Justice Department tries to fend off criticism of analysis approving mergers between AT&T and SBC and Verizon and MCI. TAGS: MCI Inc., telecommunications, SBC Communications Inc., antitrust, merger, attorney, AT&T Corp., analysis, Verizon Communications
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