To: paul t who wrote (4532 ) 5/25/1999 6:02:00 PM From: Anthony Wong Read Replies (1) | Respond to of 11568
MCI WorldCom Worker Set Up SkyTelWorldCom Web Name (Update2) Bloomberg News May 25, 1999, 5:58 p.m. ET MCI WorldCom Worker Set Up SkyTelWorldCom Web Name (Update2) (Adds that MCI WorldCom will keep the Internet name.) Jackson, Mississippi, May 25 (Bloomberg) -- One of MCI WorldCom Inc.'s top Internet executives, without the company's permission, registered the SkyTelWorldCom name for a Web site after reading reports that his employer might buy paging service SkyTel Communications Inc. The No. 2 U.S. long-distance phone company said James Al Anderson signed up Saturday for the name, reserving the site skytelworldcom.com to protect MCI WorldCom from so-called cybersquatters that register names and then sell them to companies for big profits. MCI WorldCom first asked that the name be deleted, then this afternoon decided to keep it because the companies jointly sell some communications services. The SkyTel Internet name registration doesn't mean MCI WorldCom is interested in buying the No. 2 U.S. paging company. ''The action is not an indication of any official company intention,'' said Barbara Gibson, an MCI WorldCom spokeswoman. MCI WorldCom, which doesn't own a wireless network, is shopping for cellular-phone and paging providers to help it compete with AT&T Corp. and Sprint Corp. It held talks to acquire cellular provider Nextel Communications Inc. earlier this month. The discussions ended without an agreement. Skytel shares rose 1 1/4 to 20 1/8 in trading of 7.57 million, more than triple the three-month daily average. MCI WorldCom rose 1/8 to 83 1/4. Gibson said MCI WorldCom resells SkyTel paging services to its own business customers. Both companies are based in Jackson, Mississippi. Anderson is a top administrators of MCI WorldCom's main Internet site. The company said it wouldn't take any disciplinary action against Anderson.