MCI has accepted a revised $7.64 billion acquisition bid from Verizon Communications, rejecting a higher offer from Qwest Communications, MCI announced Tuesday. The Verizon bid increases the cash ...
NJBIZ, New Jersey’s leading business journal, provides 24/7 business news coverage and events honoring top business professionals.
MCI came to Washington in 1972 with so few assets that it became known as a law office with an antenna. Today, that once-combative law office has grown into a 98,000-mile telecommunications network, ...
Qwest Communications submitted another higher offer for MCI Inc. Thursday, increasing its cash-and-stock bid to $9.74 billion, about 30 percent higher than the buyout deal that MCI has accepted from ...
MCI Communications Corp., the nation's second-largest long-distance carrier, will unveil plans today to open a customer-service center this fall in Pinellas Park that promises to bring up to 800 new ...
MCI, once the promising challenger to AT&T's telephone monopoly, yesterday found itself in the dark about its future, after its parent company's new boss said he will consider restructuring its assets ...