Feeds

Qwest courts MCI for telecoms take-over

You dancing? You asking?

  • alert
  • submit to reddit

Top 5 reasons to deploy VMware with Tegile

MCI - the telco formerly known as WorldCom which emerged from Chapter 11 bankruptcy protection in April last year following its damaging$11bn (£5.8bn) accounting scandal - could be the target for a take-over.

Reports from the US claim Qwest Communications International Inc. is considering splashing out $6.3bn (£3.3bn) for the telco.

But there are also murmurings that other telcos could be interested in snapping up MCI, with Verizon Communications reportedly also holding talks.

Earlier this week US telecoms giant SBC announced plans to acquire former parent AT&T for $16bn (£8.5bn) in cash and shares. The mega-merger is expected to deliver huge cost and network efficiencies, with 13,000 workers axed from the company. ®

Relates stories

SBC to axe 13,000 jobs in AT&T merger
SBC rings AT&T for $16bn mega-merger
Verizon and Yahoo! forge broadband alliance

Choosing a cloud hosting partner with confidence

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
5 critical considerations for enterprise cloud backup
Key considerations when evaluating cloud backup solutions to ensure adequate protection security and availability of enterprise data.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
How to simplify SSL certificate management
Simple steps to take control of SSL certificates across the enterprise, and recommendations centralizing certificate management throughout their lifecycle.