ASHBURN, Va.-MCI Inc. said Thursday that its board of directors plans to continue its discussions with Qwest. Qwest presented a revised proposal to buy MCI March 16.
Verizon Communications Inc., which has also offered a bid to buy MCI, has consented to MCI’s request for a waiver permitting the discussions with Qwest.
MCI did not offer a timeframe for the discussions or any decisions for an acquisition.