Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : WCOM -- Ignore unavailable to you. Want to Upgrade?

To: S. HYDER who wrote (3919)	2/8/1999 4:41:00 PM
From: Anthony Wong	Read Replies (1) \| Respond to of 11568

Bloomberg's report of the news: MCI WorldCom Wins U.S. Defense Contract Worth Up to $1.5 Bln Bloomberg News February 8, 1999, 3:28 p.m. ET MCI WorldCom Wins U.S. Defense Contract Worth Up to $1.5 Bln McLean, Virginia, Feb.8 (Bloomberg) -- MCI WorldCom Inc., the No. 2 U.S. long-distance company, said it won a contract worth as much as $1.5 billion from the U.S. Defense Department to provide telecommunications services. The company said it will offer a range of services through the Army and Air Force Exchange Services for up to 10 years, including 16,000 pay phones worldwide, phone centers, Internet- access terminals, residential service and prepaid calling cards to U.S. soldiers and airmen. The latest contract comes less than a month after Jackson, Mississippi-based MCI WorldCom won the second of two contracts to provide federal government agencies with at least $750 million worth of phone services over four years. MCI WorldCom already provides communications-management services to the Defense Department and telecommunications services to the Marine Corps at bases in Japan. MCI WorldCom rose 1 15/16 to 78 3/16 in late trading. --Shobhana Chandra in the Princeton newsroom (609) 279-4039 /jjs