GTE Corp. proposes to acquire MCI Communications Corporation in a transaction valued at approximately $28 billion in cash or $40.00 per share.
WorldCom, Inc. (WorldCom) today announced the merger between WorldCom and MFS Communications Company, Inc. (MFS) has been completed
Jack Goldberg, NYNEX vice president for Wholesale Markets, issued a statement.
The merger is expected to be completed on December 31, 1996.
Tele-TV and its partners are finalizing a 1997 business plan for Tele-TV focused on supporting the partners' digital television products.
MCI doesn't believe in fair competition, according to company testimony at a Nov. 12 hearing of the Delaware Public Service Commission.
Michael Jordan will help promote the company's long distance voice, data and video products and services.
WorldCom has signed one of the largest commercial contracts in the history of the company.
LDDS WorldCom and Avis Rent A Car will soon launch one of the largest long-distance debit card marketing programs in the United States.
This service provides network managers new flexibility and freedom in designing and operating their ATM networks.