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Formerly |
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Company type | Public |
Industry | Telecommunications |
Founded | 1983 |
Defunct | 2006 |
Fate | Acquired by Verizon Communications in 2006 |
Headquarters | Ashburn, Virginia, U.S. |
Products | Conferencing, contact centers, data and IP services, internet access, IT solutions and hosting, managed networks, premises equipment (CPE), security, voice, VoIP, wireless |
Revenue | US$20.6 billion (2005) |
Parent | Verizon Communications (2006) |
Website |
MCI, Inc. (formerly WorldCom and MCI WorldCom) was a telecommunications company. For a time, it was the second-largest long-distance telephone company in the United States, after AT&T. WorldCom grew largely by acquiring other telecommunications companies, including MCI Communications in 1998, and filed for bankruptcy in 2002 after an accounting scandal, in which several executives, including CEO Bernard Ebbers, were convicted of a scheme to inflate the company's assets. In January 2006, the company, by then renamed MCI, was acquired by Verizon Communications and was later integrated into Verizon Business.
WorldCom was originally headquartered in Clinton, Mississippi before relocating to Ashburn, Virginia when it changed its name to MCI.[1][2]