Looking to win approval from European regulators for its pending $37 billion sale to WorldCom, MCI Communications sells off its Internet facilities to Britain's Cable & Wireless for $625 million in cash.
Is MCI's divestiture enough?
news analysis C&W's purchase of MCI's Internet backbone appears to be doing little to placate those who have voiced concern over MCI's proposed merger with WorldCom.
C&W taps global telecom market
MCI sells Net backbone to C&W
MCI seeks bids for part of Net unit
GTE files suit to block merger