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.
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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.
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