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Home - MCI - Page 2
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  • Weekly wireless ratings wrap-up

    by RCR Wireless News February 17, 2006
    by RCR Wireless News February 17, 2006

    The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.   Carriers Standard & Poor’s Ratings Services assigned an A …

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  • Verizon bolsters business unit with MCI assets and Verizon Wireless broadband service

    by RCR Wireless News January 23, 2006
    by RCR Wireless News January 23, 2006

    BASKING RIDGE, N.J.-Verizon Communications Inc.’s new enterprise unit, Verizon Business, unveiled an integrated wireline/wireless offering that include wireless broadband access from its Verizon Wireless subsidiary. This is the first product …

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  • Verizon set to close MCI acquisition

    by RCR Wireless News January 2, 2006
    by RCR Wireless News January 2, 2006

    NEW YORK-Verizon Communications Inc. said it has completed all the state, federal and international approvals needed to close on its acquisition of MCI. The company recently received its final necessary …

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  • Verizon to close MCI acquisition in January

    by rcrwireless December 27, 2005
    by rcrwireless December 27, 2005

    NEW YORK-Verizon Communications Inc. said it has completed all the state, federal and international approvals needed to close on its acquisition of MCI. The company recently received its final necessary …

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  • N. American capex up in 3Q, Ovum says

    by RCR Wireless News November 10, 2005
    by RCR Wireless News November 10, 2005

    BOSTON-Capital expenditures are on track for double-digit growth in 2005 in North America, according to a third-quarter analysis from research firm Ovum-RHK. Mobile revenues clocked in at $ 30 billion, …

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  • Cracks in the wireless foundation

    by RCR Wireless News November 7, 2005
    by RCR Wireless News November 7, 2005

    What constitutes a wireless carrier? Years ago, I used to have an annual fight with an MCI spokesman because RCR Wireless News listed MCI as the nation’s largest reseller in …

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  • Verizon, SBC get OK from Department of Justice

    by RCR Wireless News October 31, 2005
    by RCR Wireless News October 31, 2005

    WASHINGTON-The Department of Justice approved Verizon Communications Inc.’s plans to acquire MCI Inc. and SBC Communications Inc.’s plans to buy AT&T Inc. The Federal Communications Commission was scheduled to vote …

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  • Justice Dept. OKs Verizon-MCI, SBC-AT&T tieups

    by RCR Wireless News October 28, 2005
    by RCR Wireless News October 28, 2005

    WASHINGTON-Thursday was merger approval day at the Department of Justice, as Verizon Communications Inc. received the OK to proceed with its plans to acquire MCI Inc. and SBC Communications Inc. …

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  • People

    by RCR Wireless News September 12, 2005
    by RCR Wireless News September 12, 2005

    MobiTV Andy Missan has joined MobiTV as vice president and general counsel. Missan will oversee legal affairs and general corporate matters at the company. Missan brings more than 17 years …

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  • SkyTel offers teenage driver tracking service

    by RCR Wireless News September 7, 2005
    by RCR Wireless News September 7, 2005

    CLINTON, Miss.-SkyTel, a unit of MCI Inc., launched a vehicle-tracking device targeted at parents of teenage drivers. The SkyTel SkyGuard device, which is about the size of a bar of …

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  • Ferrara named CEO of Marconi’s N. America unit

    by RCR Wireless News August 4, 2005
    by RCR Wireless News August 4, 2005

    PITTSBURGH-Marconi Corp. plc appointed Joseph Ferrara chief executive officer of its North American division, succeeding Geoffrey Doy, who will remain chairman of the division. Ferrara will oversee the company’s Pittsburgh-based …

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  • Antitrust law’s future in doubt, debate

    by RCR Wireless News May 23, 2005
    by RCR Wireless News May 23, 2005

    WASHINGTON-While government approval of the proposed $35 billion Sprint Corp.-Nextel Communications Inc. deal and other pending telecom mega-mergers do not appear in doubt, there is a lively debate going on …

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  • Pate to resign from Justice Department

    by RCR Wireless News May 16, 2005
    by RCR Wireless News May 16, 2005

    WASHINGTON-The Justice Department said antitrust czar Hewitt Pate will resign next month, creating a vacancy amid a pending $35 billion merger between Sprint Corp. and Nextel Communications Inc. and other …

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  • Outsourcing engineering jobs

    by RCR Wireless News May 16, 2005
    by RCR Wireless News May 16, 2005

    To the Editor: Suggestion on the engineering shortage: Kill all the parents of potential engineering students so we won’t discuss the outsourcing of our jobs. You really can’t motivate a …

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  • Pate to resign from Justice Department

    by RCR Wireless News May 10, 2005
    by RCR Wireless News May 10, 2005

    WASHINGTON-The Justice Department today said antitrust czar Hewitt Pate will resign next month, creating a vacancy amid a pending $35 billion merger between Sprint Corp. and Nextel Communications Inc. and …

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  • Ericsson to exit CDMA biz

    by RCR Wireless News May 9, 2005
    by RCR Wireless News May 9, 2005

    Infrastructure giant L.M. Ericsson announced it will put the brakes on its CDMA business, a move that coincides with the shuttering of its CDMA headquarters in San Diego. Ericsson said …

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  • And the thunder rolls

    by RCR Wireless News May 9, 2005
    by RCR Wireless News May 9, 2005

    Less than a month ago, I wrote a column about how the recent lull in wireless activity (mergers, etc.) was just the calm before the storm. Boom! Did you hear …

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  • Weekly wireless ratings roundup

    by RCR Wireless News May 6, 2005
    by RCR Wireless News May 6, 2005

    Following is a list of debt and credit upgrades and downgrades for wireless companies by financial and investment firms this week: Standard & Poor’s revised its outlook on Sanmina-SCI Corp. …

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  • Qwest sweetens MCI offer again

    by RCR Wireless News April 22, 2005
    by RCR Wireless News April 22, 2005

    Qwest Communications International Inc. raised its bid to acquire MCI Inc. to $9.7 billion, providing both a higher overall bid price as well as a greater percentage of cash. The …

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  • Verizon buys stake in MCI from largest shareholder

    by RCR Wireless News April 18, 2005
    by RCR Wireless News April 18, 2005

    Verizon Communications Inc. said it has agreed to purchase approximately 43.4 million shares of MCI Inc. from MCI’s largest single shareholder, Carlos Slim Helu, for $25.72 per share in cash. …

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  • MCI will stick with Verizon

    by RCR Wireless News April 6, 2005
    by RCR Wireless News April 6, 2005

    MCI Inc.’s board of directors rejected Qwest Communications International Inc.’s latest acquisition proposal in favor of a previous and lower bid from Verizon Communications Inc. MCI’s board noted that the …

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  • Qwest tries again with new $9B MCI bid

    by RCR Wireless News April 1, 2005
    by RCR Wireless News April 1, 2005

    Qwest’s bidding war with Verizon over MCI continues, with MCI agreeing to review a bid from Qwest of almost $9 billion. MCI Inc.’s move comes just days after it agreed …

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  • MCI agrees to Verizon’s increased bid

    by RCR Wireless News March 29, 2005
    by RCR Wireless News March 29, 2005

    MCI Inc.’s board of directors elected to accept Verizon Communications Inc.’s increased bid for the business, again rejecting Qwest Communications International Inc.’s larger takeover offer. Verizon increased its bid for …

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  • MCI to continue discussions with Qwest

    by RCR Wireless News March 24, 2005
    by RCR Wireless News March 24, 2005

    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., …

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  • MCI expands hot-spot network to 11,000 locations

    by RCR Wireless News March 22, 2005
    by RCR Wireless News March 22, 2005

    ASHBURN, Va.-MCI Inc. announced a new deal with Wi-Fi aggregator Boingo Wireless that the carrier said will almost double its hot-spot network to a total of almost 11,000 locations in …

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