World Com: An International Company's questionable Ethics

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Issue:

Business

 

Written by:

Richard S

 

Date added:

January 14, 2017

 

Level:

University

 

Grade:

B

 

No of pages / words:

4 / 843

 

Was viewed:

4108 times

 

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Essay content:

and European cities, and UUNet technologies, an internet access provider for business. • On November 10, 1997, WorldCom and MCI Communication announced their US$37 billion merger to form MCI WorldCom. • In 1998 WorldCom complete three mergers: with MCI Communications ($40 billion), the largest in history at that time, Brooks Fiber Properties ($1...
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However, the deal did not get approval because U.S. and European regulators blocked the proposed merger on concerns of monopoly creation. After the MCI acquisition in 1998, the telecommunications industry entered a downturn and WorldCom suffered a serious storm when it was forced to abandon its proposed merger with Sprint...
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