NJBIZ, New Jersey’s leading business journal, provides 24/7 business news coverage and events honoring top business professionals.
MCI came to Washington in 1972 with so few assets that it became known as a law office with an antenna. Today, that once-combative law office has grown into a 98,000-mile telecommunications network, ...
MCI has accepted a revised $7.64 billion acquisition bid from Verizon Communications, rejecting a higher offer from Qwest Communications, MCI announced Tuesday. The Verizon bid increases the cash ...
V. Orville Wright, 87, president and chief executive of MCI Communications during its transformation from a start-up into the leading challenger of AT&T in the 1970s and 1980s, has died. Mr. Wright, ...
Qwest Communications submitted another higher offer for MCI Inc. Thursday, increasing its cash-and-stock bid to $9.74 billion, about 30 percent higher than the buyout deal that MCI has accepted from ...
Verizon Communications Inc. has agreed to acquire MCI Inc. in a deal valued at $6.7 billion, the companies announced today, ending weeks of speculation about a likely deal. Verizon said the ...
Florida regulators Tuesday reached a $240,000 settlement with MCI Communications for 107 "slamming" violations. Slamming involves switching a customer's phone service from one company to another ...
MCI Communications Corp., the nation's second-largest long-distance carrier, will unveil plans today to open a customer-service center this fall in Pinellas Park that promises to bring up to 800 new ...
SBC Communications Inc. joined Verizon Communications Inc. and AT&T Corp. in opposing a request by the committee of MCI's unsecured creditors to subpoena some of the company's competitors. In an ...
Verizon Communications has agreed to acquire MCI in a deal valued at $6.7 billion, the companies announced Monday, ending weeks of speculation about a likely deal. Verizon said the acquisition would ...