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Day in Tech History: October 2, 1997: Worldcom outbid BT – Wins MCI Communications

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Worldcom 1997– MCI was under a bid to be purchased by British Telecommunications. Worldcom came in and outbid BT to snag up the company. What made this the coup de grace is it would make Worldcom the #2 telecom provider, under AT&T. The $37 Billion dollar merger would finalize on November 10th. Then, September 1998 – MCI Worldcom would officially launch. This all crumbled in 2002 when Worldcom filed for bankruptcy.  I was an employee of Worldcom and had been since its original namesake LDDS. At the time we were awestruck.–Bill Bartholomew Subcribe to Day In Tech History: RSS Feed - iTunes - Google Play - SpotifyTwitter - Facebook - RSS Bandwidth by Cachefly Get a 14 Day Trial Be a Part of the Sconnie Geek Nation! In Wisconsin, friends are called "Sconnies". Even if you're not from Wisconsin, you can be part of the Sconnie Geek Nation through my coverage! By pledging, you join the Geek Sconnie Nation! Plus, you help me cover costs so I can continue the coverage of Gadget