Cable and Wireless PLC of Britain said Wednesday, as expected, that it had agreed to acquire MCI Communications Corp.'s Internet business for $1.75-billion. The deal was accompanied by the Justice ...

Marguerite Reardon started as a CNET News reporter in 2004, covering cellphone services, broadband, citywide Wi-Fi, the Net neutrality debate and the consolidation of the phone companies. Verizon ...

Verizon Communications Inc. has agreed to acquire MCI Inc. in a deal valued at $6.7 billion, the companies announced today, ending weeks of speculation about a likely deal. Verizon said the ...

Richard Roscitt, who has 30 years of experience in the telecommunications industry, has been appointed the next president and chief operating officer of MCI, the troubled U.S. carrier announced ...

Verizon Communications Inc. has agreed to acquire MCI Inc. in a deal valued at US$6.7 billion, the companies announced Monday, ending weeks of speculation about a likely deal. Verizon said the ...

Two recent high-profile government contracts awarded to MCI, the company formerly known as WorldCom, are raising questions about whether the federal government is artificially propping up the ...

WASHINGTON — A taxpayers group is the latest organization calling on the U.S. government to stop doing business with MCI on the heels of two reports detailing alleged fraud there, but the ...

MCI is back for its second act in Washington, having spun off last month from its parent, WorldCom Inc. But the early reviews of MCI's prospects aren't glowing. WorldCom relaunched MCI, creating a ...

Critics of telecommunications giant WorldCom (now renamed MCI) blasted its bankruptcy reorganization plan during a U.S. Senate committee hearing Tuesday, saying the plan in place neglects to punish ...

The Texas Public Utility Commission this week ordered WorldCom Group's MCI WorldCom Communications unit to pay $245,000 for slamming and cramming violations, PUC spokesman Terry Hadley said Friday.

Verizon Communications has agreed to acquire MCI in a deal valued at $6.7 billion, the companies announced Monday, ending weeks of speculation about a likely deal. Verizon said the acquisition would ...