BNET Industries
- Private
- US
Dow Jones Description
Located in Clinton, MS. WorldCom is one of the world's largest telecommunications companies with 20 million consumer customers, thousands of corporate clients and 80,000 employees. MCI refers to its long distance service. It also owns UUNet, controlling the wires that Internet service providers use as superhighways to carry Internet traffic between cities and across continents. Even before the recent accounting disclosures, by 2001, WorldCom was already going through financial turmoil due to large debt and declining rates and revenue. Growth in the telecommunications industry was slowing and the company had too much network capacity. The company was deep in debt from an ambitious buying spree. There were also the controversial $408 million loans to CEO Bernie Ebbers to cover his margin calls on loans secured by company stock.
Peer Companies
NAICS Code Wired Telecommunications Carriers: 517110
News & Analysis
Filter by
phone and worldcom inc. - All News and Analysis
State retains jurisdiction over regulation of telephone lines
- 2004-08-24
Telephone service provider Qwest Corp. has been getting its paperwork together since the 8th U.S. Circuit Court of Appeals held on Monday that a state regulatory body has the authority to determine whether Qwest must report its special access services to its competitors. The decision, affirming that of...
FCC creates new rules on telephone and broadband competition. (Focus: Utilities and Communications).(promoting competition between regional Bell phone companies and rivals)
- 2003-03-31
The Federal Communications Commission FCC, has adopted new, rules it said are designed to foster competition and spur investment in local telephone and broadband Internet services. The changes new power to the states to decide whether and how to p The Federal Communications Commission FCC,...
Supreme Court Declines to Hear Long-Distance Companies' Case.
- 2003-03-25
By Kris Hudson, The Denver Post Knight Ridder/Tribune Business News Mar. 25--The U.S. Supreme Court has declined to hear the arguments of AT&T Corp., WorldCom and other phone companies in a dispute over access to Baby Bell phone lines. The...
PLDT, WorldCom reach interim deal on local phone fees.
- 2003-03-11
Mar 11, 2003 (The Asian Wall Street Journal - ABIX via COMTEX) Mar 11, 2003 (The Asian Wall Street Journal - ABIX via COMTEX)
Philippine call dispute pressures global rates.
- 2003-02-28
Feb 28, 2003 (The Asian Wall Street Journal - ABIX via COMTEX) A number of Philippine telephone companies announced in January 2003 they would lift their termination rates. Termination rates refer to the costs imposed by domestic phone carriers on their international counterparts when...
Tennessee Telephone Market More Complex after Deregulation.
- 2002-10-20
By Larisa Brass, The Knoxville News-Sentinel, Tenn. Knight Ridder/Tribune Business News Oct. 20--What happened to the days when a few miles of wire and a friendly ring were all that lay between you and sweet Aunt Betty's voice at the other end? ...
Tech Watch: Ameritech has new line on generating interest.(financing for telephones)(Brief Article)
- 2002-08-12
A telephone company selling telephones wouldn't appear to be headline material. Unless, that is, the company is SBC Ameritech, the telephone monopoly that people love to hate. Consumer advocates are crying foul over the 18% annual rate the Texas-b A telephone company selling...
WorldCom Gives Up Cell Phones in Cost-Saving Move.
- 2002-08-06
By Beatrice E. Garcia, The Miami Herald Knight Ridder/Tribune Business News By Beatrice E. Garcia, The Miami Herald Knight Ridder/Tribune Business News
Healthy Phone Companies Try to Raise Prices for Inter-company Services.
- 2002-08-04
By Fred O. Williams, The Buffalo News, N.Y. Knight Ridder/Tribune Business News Aug. 4--Subscribers didn't cause the downfall of WorldCom and other bankrupt phone companies, but they're about to get stuck with the bill in the form of higher prices and reduced...
SBC Seeks Stricter Payment Policies As Telecommunications War Takes New Turn.
- 2002-08-03
By Vikas Bajaj, The Dallas Morning News Knight Ridder/Tribune Business News Aug. 3--Rival phone companies have opened a new front in their years-long regulatory war. This time local-phone companies want distressed long-distance and newer local-phone companies to pay them...
Industry Transcripts by Seeking Alpha
-
OmniVision Technologies F2Q10 (Qtr End 10/31/09) Earnings Call Transcript
on Nov 30, 2009about OVTI
-
Linktone Q3 2009 Earnings Call Transcript
on Nov 30, 2009about LTON
-
Trintech Group PLC F3Q10 (Qtr End 10/31/09) Earnings Call Transcript
on Nov 25, 2009about TTPA
-
Blue Coat Systems, Inc. Q2 2010 Earnings Call Transcript
on Nov 24, 2009about BCSI
-
QAD Inc. F3Q10 (Qtr End 31/10/09) Earnings Call Transcript
on Nov 24, 2009about QADI
Glass Door
Technology Industry Companies
| Company | Employer Rating |
 |
|
| Microsoft | |
| Cisco Systems | |
| QUALCOMM | |
IndustryTop Rated
