SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Worldcom (WCOM)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: zjw who wrote ()5/8/1996 5:25:00 PM
From: BILL REYNOLDS   of 19
 
I use to work for WorldCom. WorldCom is now a combination of 2 companies. LDDS and WilTel. LDDS bought out WilTel approximately 2 years ago. The WilTel folks specialized in data transmission, ATM/Frame relay, and Carrier/Reseller products. LDDS was geared toward regular long distance for small businesses (approx half of LDDS' employees were Sales people. The 2 companies were a good mix, one does what the other lacked. They run a lean outfit. My friends that still work their tell me that they've been partnering with several local telephone companies (GTE, Ameritech, Southwestern Bell, etc..) This may put them in a position to become the long distance arm for some customers with substantial traffic, it may also lead to them being acquired by a customer with deep pockets.

Financially, they took on a lot of debt when LDDS acquired WilTel. But, they are making a lot of money and they are growing fast and paying off the debt. I seriously believe that WorldCom will take the #3 spot away from Sprint within 3 years (is they don't get bought out first). Either way, its a growing company thats going to make money. Hope this helps, let me know if you have more specifc questions...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext