You are here: silicon.com > Networks > Telecoms

Telecoms

In brief: BT gets $7bn cheque from WorldCom

By Lisa Burroughes

Published: 17 September 1998 12:33 GMT

BT has received $6.94bn from WorldCom in payment for its 20 per cent stake in MCI. The payment comes after WorldCom and MCI sealed their $37bn merger earlier this week, and gives BT the freedom to examine other alliances in the US.

When asked if its customers are likely to reap the benefits of the payoff with lower prices a BT spokesman said: "BT's prices are coming down year on year anyway, but we will make the best use of it and continue to seek investment opportunities."

  1. Zones
  2. Management
  3. Networks
  4. Software
  5. IT Services
  6. Hardware
  1. Verticals
  2. Public Sector
  3. Financial Services
  4. Retail & Leisure

  • Jobs
CCIE - Senior Network Engineer - BT / Cisco.

You must come from a strong networking background, and the more experience with Cisco / BT equipment the better. CCIE Certified Senior Network ...

Lead Infrastructure Engineer // BT Cloud

Lead Infrastructure Engineer // BT Cloud PermanentJob Description: BT is currently building a wide-range of products and services that support Cloud ...

Senior Virtualization Security Engineer // BT Cloud

Senior Virtualization Security Engineer // BT Cloud PermanentJob Description BT is currently building a wide-range of products and services that ...

Agenda Setters 2009
Welcome to the ninth annual Agenda Setters poll – silicon.com's list of the top 50 most influential individuals in the technology and IT industries, from techies and CIOs to entrepreneurs and business leaders. Find out more in our latest special report.





Quick Sitemap Links: