MCI Reports Loss For First Quarter
MCI, after being the center of a bidding war between Verizon and Qwest (which Verizon won), reported a first-quarter loss.
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MCI, after being the center of a bidding war between Verizon and Qwest (which Verizon won), reported a first-quarter loss.
In another big merger for the telecommunications industry, Verizon will acquire MCI for $5.3 billion.