Search results
1998
- The company was acquired by WorldCom (later called MCI Inc.) in 1998.
en.wikipedia.org/wiki/MCI_Communications
People also ask
When did WorldCom change its name to MCI?
When did WorldCom merge with MCI?
When did MCI go out of business?
What happened to WorldCom & MCI?
What did MCI Communications do with WorldCom?
Who owns MCI Communications Corp?
In January 2006, the company, by then renamed MCI, was acquired by Verizon Communications and was later integrated into Verizon Business. WorldCom was originally headquartered in Clinton, Mississippi before relocating to Ashburn, Virginia when it changed its name to MCI.
Following a major accounting scandal, WorldCom filed bankruptcy in 2002 and the company was renamed MCI Inc. upon its exit from bankruptcy in 2003. [37] Before then, however, many executive posts were taken over by holdovers from the old MCI.
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...
Dec 27, 2020 · Following a major accounting scandal, WorldCom filed bankruptcy in 2002 and the company was renamed MCI Inc. upon its exit from bankruptcy in 2003. Before then, however, many executive posts were taken over by holdovers from the old MCI.
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.
Jun 9, 2003 · Reports have linked Bernard Ebbers and Scott Sullivan to fraud at bankrupt and scandal-ridden telecoms firm WorldCom - now renamed MCI - for the first time. The two men, the founder and...
Nov 30, 2018 · The new company was renamed as MCI WorldCom. Following the WorldCom’s financial scandals and bankruptcy, the company’s name was changed to MCI Inc. in the year 2003. On the account of the bankruptcy reorganization agreement, the company paid $750 million to the SEC in cash and stock in the new MCI.
