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MCI was founded as Microwave Communications, Inc. on October 3, 1963, with John D. Goeken being named the company's first president. The initial business plan was for the company to build a series of microwave radio relay stations between Chicago, Illinois, and St. Louis, Missouri.
On April 14, 2003, WorldCom changed its name to MCI, and relocated its corporate headquarters from Clinton, Mississippi, to Ashburn, Virginia. Even before then, however, employees from the MCI side of the merger had taken over top executive posts, while many longtime executives from the old WorldCom were pushed out.
Mar 15, 2005 · April 20 - MCI exits bankruptcy, minus the infamous WorldCom name, and with about $5.7 billion in debt and $6 billion in cash. July 9 - MCI files a lawsuit against its former chief executive ...
In 1984, a court ordered the breakup of AT&T and, in the process, ushered in never-before-seen competition in the telecommunications industry. But MCI never found its next big frontier to...
Feb 16, 2005 · MCI began its battle into the telecommunications market in 1968, when William G. McGowan organized the MCI Communications Corp. in an effort to take on the monopolistic phone company.
Jun 14, 2024 · It emerged from bankruptcy in 2004 and rebranded itself as MCI—a telecom company WorldCom acquired in 1997. Verizon purchased MCI and its assets in 2006.
Apr 20, 2004 · Worldcom Inc. emerged from federal bankruptcy protection this morning with the new name of MCI, about 21 months after the scandal-tainted company sought protection from creditors in the wake of...
