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To: Hairy who wrote (36200)7/15/1998 3:51:00 PM
From: Larrie Woods  Read Replies (1) | Respond to of 41046
 
Harry, That may open the way for our big pockets to announce.

L



To: Hairy who wrote (36200)7/15/1998 3:52:00 PM
From: elk  Respond to of 41046
 
HK, Thanks that is indeed good news! eom



To: Hairy who wrote (36200)7/15/1998 4:13:00 PM
From: Seth L.  Respond to of 41046
 
Thanks harry we can only hope that this will allow a refocus. By the way OT:Lucent Receives $100 Mln Order From Venezuela's TelCel.

Seth



To: Hairy who wrote (36200)7/15/1998 4:26:00 PM
From: KittyCat  Respond to of 41046
 
biz.yahoo.com

Excerpts:

********

"The merger also must win approval from the Federal Communications Commission -- the last regulatory hurdle. The FCC is expected to act next month.

The combined company, which will be called MCI WorldCom, would be a behemoth selling a full range of services -- from local and long-distance to Internet connections -- to 22 million customers in more than 200 countries. The new company expects to have $32 billion in revenue next year.

By combining, the companies estimate $20 billion in savings. One big area of cost cuts would be the fees the companies pay other carriers for completing overseas calls.

For customers, the deal is likely to speed the advent of all-in-one packages of telecommunications services, ranging from long-distance and local telephone to Internet access, on a single monthly bill.

The deal is a climactic victory for Bernard J. Ebbers, WorldCom's president and chief executive, who is to remain chief executive of the combined company."