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.

Worldcom CEOJohn Sidgmore
Contact Information

2070 Valleydale RD Ste 2

Birmingham, Alabama 35244

www.worldcomnew...

NAICS Code Wired Telecommunications Carriers: 517110

News & Analysis

worldcom inc. - All News and Analysis

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Decision Makers

Name (plus bio) Position
John Sidgmore Worldcom CEO
Caleb Schutz President
Ron Beaumont Worldcom Coo
Scott Sullivan Cfo
Jonathan Crane Worldcom Senior Vice President Global Accounts
David Myers Ex-Controller
Brad Burns Worldcom Spokesman
Cynthia Cooper Worldcom Auditor
Jack Grubman Worldcom Executives and Telecom Analyst
Peter Lucht Spokesman
Richard Thornburgh Worldcom Examiner
Vince Cerf Worldcom Executive
Organization Position Status
Worldcom Inc Worldcom CEO Current
Organization Position Status
Worldcom Inc President Current
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Worldcom Inc Worldcom Coo Current
Organization Position Status
Worldcom Inc Cfo Current
Organization Position Status
Worldcom Inc Worldcom Senior Vice President Global Accounts Current
Organization Position Status
Worldcom Inc Ex-Controller Current
Organization Position Status
Worldcom Inc Worldcom Spokesman Current
Organization Position Status
Worldcom Inc Worldcom Auditor Current
Organization Position Status
Worldcom Inc Worldcom Executives and Telecom Analyst Current
Organization Position Status
Worldcom Inc Spokesman Current
Organization Position Status
Worldcom Inc Worldcom Examiner Current
Organization Position Status
Worldcom Inc Worldcom Executive Current

Executive News

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  • Countrywide exec often warned about mortgage risks

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  • Countrywide exec often warned about mortgage risks (Reuters)

    Yahoo! News - 6/05/09 - View Story

  • Countrywide exec warned about mortgage risks

    Washington Post - 6/05/09 - View Story

  • Lawsuit against Citigroup over WorldCom kept alive

    Reuters - 6/03/09 - View Story

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