WorldCom Financial Situation
Current and former company executives testified about accounting errors that resulted in a $4 billion mistake on reports of company earnings. Mr. Ebbers and Mr. Sullivan refused to answer qu…
2,456 viewsCurrent and former company executives testified about accounting errors that resulted in a $4 billion mistake on reports of company earnings. Mr. Ebbers and Mr. Sullivan refused to answer qu…
2,456 viewsAfter brief remarks about two recent shooting incidents and a call for better gun control measures, President Clinton spoke about the impact of the Internet on the economy, government’s role…
230 viewsBernard Ebbers spoke about the state of the telecommunications industry, the merger between MCI and Sprint, and about possible services which would be offered in the future. After his remark…
102 viewsWitnesses testified about a potential merger between MCI Worldcom and Sprint. Among the issues addressed were the state of competition in long-distance telephone service, consumer protection…
584 viewsMr. Esrey and Mr. Ebbers spoke to reporters about an agreement in which MCI Worldcom would purchase Sprint for $155 billion, the largest amount paid in a corporate takeover. After their rema…
207 viewsGovernment officials and communication industry leaders met to talk about ways to provide better communications access to rural customers, particularly in the area of Internet access.
234 viewsHouse Judiciary committee members heard testimony from law enforcement officials and representatives of telecommunication corporations on the recent mergers taking place in the industry. Pan…
140 views