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.
Verizon is buying about 43.4 million shares of MCI common stock from eight entities affiliated with Carlos Slim Helu for…
MCI's board of directors has accepted an amended offer from Verizon to acquire the company.
Verizon Communications announced it had agreed with MCI to amend the terms of the agreement to acquire MCI.
Verizon is giving MCI two weeks to make up its mind about merging with Qwest Communications.
MCI who is in the middle of a bid war between Qwest and Verizon, reported a fourth-quarter net loss due…
After losing out to Verizon, Qwest Communications is planning to submit another bid for MCI.
In another big merger for the telecommunications industry, Verizon will acquire MCI for $5.3 billion.
Qwest Communications International was outbid by Verizon to purchase MCI, but at least narrowed its losses in the fourth quarter.
Verizon and Yahoo are partnering to deliver a co-branded broadband offering to subscribers to Verizon Online's DSL and new fiber-based…