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Essay

Worldcom

Essay specific features

 

Issue:

Business

 

Written by:

Grace M

 

Date added:

January 11, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

25 / 6909

 

Was viewed:

4885 times

 

Rating of current essay:

 
Essay content:

For 15 years it grew quickly through acquisitions and mergers. Bernard Ebbers was named CEO in 1985 and the company went public in Aug. 1989. Ebbers was in full hold of all the trades of WorldCom, despite of the fact that he didn’t have such business and technical expertise in the field of telecom...
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Ebbers, in his carrier, had been milkman, bartender, bar bouncer, car sales man, truck driver, garment factory foreman, hotelier and high school basketball coach. Finally executed his idea sketched on napkin and took less than a year to make the company, which started with $650,000 in capital. Its $40 billion merger with MCI in 1998 was the largest in history at the time...
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