October 2, 1997: Worldcom outbid BT - Wins MCI Communications
October 2, 1997: Worldcom outbid BT - Wins MCI Communications #Podcast #Technology #History
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…
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