nanog mailing list archives
Re: Verizon wins MCI
From: "Kevin Oberman" <oberman () es net>
Date: Mon, 14 Feb 2005 11:31:20 -0800
Date: Mon, 14 Feb 2005 11:22:36 -0800 (PST) From: "william(at)elan.net" <william () elan net> Sender: owner-nanog () merit edu On Mon, 14 Feb 2005, Hannigan, Martin wrote:I was set on QUUest or UUQwest for the new name, too.What, don't you like UUVeriNET even better? :)Verizon wins the battle for MCI, pays < 7B.I'm not financier, but this price seems rather low considering how large Worldcom is/used to be and that it includes all former UUNET, MCI, MFS, WCOM, etc. BTW - did this include Digex as well?
The articles I have read indicate that Verizon was not the best offer. Qwest bid $7B. But MCI wanted to be bought by someone who was financially stable and Qwest has a huge debt load which the purchase of MCI would only increase. They were also looking for a better known purchaser and Qwest is not as familiar to the public as Verizon ("Can you here me, now?") To me, it sounds like MCI determined that it could not succeed on its own and that "forced" the sale and MCI seemed to want Verizon to buy them from the start because of the long-term value to shareholders and bond holders, the REAL owners of the company. -- R. Kevin Oberman, Network Engineer Energy Sciences Network (ESnet) Ernest O. Lawrence Berkeley National Laboratory (Berkeley Lab) E-mail: oberman () es net Phone: +1 510 486-8634
Current thread:
- Verizon wins MCI Hannigan, Martin (Feb 14)
- Re: Verizon wins MCI william(at)elan.net (Feb 14)
- Re: Verizon wins MCI Kevin Oberman (Feb 14)
- Re: Verizon wins MCI Jeff Wheeler (Feb 14)
- Re: Verizon wins MCI Jon Lewis (Feb 14)
- Re: Verizon wins MCI Christopher L. Morrow (Feb 14)
- Message not available
- Re: Verizon wins MCI Robert Boyle (Feb 14)
- Re: Verizon wins MCI Kevin Oberman (Feb 14)
- Re: Verizon wins MCI Alex Rubenstein (Feb 15)
- Re: Verizon wins MCI Mark Radabaugh (Feb 15)
- Re: Verizon wins MCI Christopher L. Morrow (Feb 15)
- Re: Verizon wins MCI Mark Radabaugh (Feb 15)
- Re: Verizon wins MCI Christopher L. Morrow (Feb 15)
- Re: Verizon wins MCI william(at)elan.net (Feb 14)
- Re: Verizon wins MCI Robert Blayzor (Feb 15)