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Telecom firms dazed following WorldCom deal

MCI WorldCom's $129 billion merger with Sprint sends shockwaves across the telecom landscape, leaving firms to wonder about the future of their business partnerships.

 

  latest developments 

MCI WorldCom's $129 billion merger with Sprint has sent shockwaves across the telecom landscape, leaving firms to wonder about the future of their business partnerships and ventures.

"The parties will bear a heavy burden to show how consumers would be better off."

- FCC chairman William Kennard, on the MCI WorldCom-Sprint merger

 


Qwest must grow to compete, CEO says
Comparing the size of Qwest with a combined MCI WorldCom-Sprint or even AT&T, chief executive Joe Nacchio says his company ultimately will have to grow to effectively compete in the rapidly changing telecom market.

EDS-MCI outsourcing deal on shaky ground
The ten-year, billion-dollar contract could be on the rocks, bogged down by its extreme size and complexity and shadowed by the looming complications of a Sprint-MCI WorldCom merger.

Previous coverage
EarthLink caught in Sprint merger limbo
The $129 billion merger between Sprint and MCI WorldCom casts a shadow over the future of the ISP and could possibly lead to a takeover by the new WorldCom, analysts say.

BellSouth left without a partner, for now
The Baby Bell's own bid to acquire Sprint ended when the company agreed to merge with MCI WorldCom, leaving the local phone carrier without a long distance network to compliment its local operations.