After much hand-wringing, regulators approve the blockbuster telecommunications merger of MCI and WorldCom. The deal is expected to change the Net landscape significantly; already it has had some impact by leading to the cancellation of MCI's proposed deal with Yahoo to cobrand their recently launched joint online service.
C&W begins global push with MCI
news analysis Its acquisition of MCI's Internet business for $1.75 billion marks the beginning of the British telecom giant's global expansion.
FCC approves MCI-WorldCom
Yahoo, MCI deal goes bust
FCC doubts future long-distance mergers