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Education debacle... .002 cents = .002 dollars

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posted on Dec, 22 2006 @ 12:40 AM
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Originally posted by djohnsto77


I think you've got some wires crossed stu...Verizon has nothing to do with MCI, it's a product of the merger of Bell Atlantic and NYNEX, two baby bells created with the breakup of the AT&T Bell System monopoly. MCI was always a separate firm and actually its lawsuits led to the AT&T breakup.

[edit on 12/22/2006 by djohnsto77]


Erm, beg to differ. I work in telecoms and who we used to call MCI Worldcom are now known as Verizon..

EDIT: here is were the confusion lies:



MCI Acquisition


On February 14, 2005, Verizon agreed to acquire MCI, formerly WorldCom, after SBC Communications agreed to acquire AT&T just a few weeks earlier.

Media coverage has focused on several ways in which that acquisition, once completed, would benefit Verizon, including economies of scale derived from a potential productivity boost to be achieved via the elimination of thousands of jobs at the combined company, and access to the large base of business customers currently served by MCI. The real benefit to Verizon was the acquisition of long-haul lines. The bulk of Verizon's business is concentrated in the eastern United States. This not only renders the company, effectively, a regional phone company, but also forces it to pay usage fees to long-haul carriers, such as former MCI, to complete calls for its customers whenever those calls go outside the Verizon "footprint". That need is obviated by the MCI acquisition and was key in the long term market position strategy. By January 6, 2006, MCI was incorporated into Verizon with the name Verizon Business. With this merger, Verizon also acquired the naming rights to the Washington, DC home of the Washington Wizards and the Washington Capitals, the Verizon Center (formerly known as the MCI Center).

Just prior to the acquisition, MCI had purchased an internet services company, Totality.

Verizon, with MCI, is currently the largest telecommunications company in the United States based on sales of $75.11 billion, profits of $7.4 billion and assets of $168.13 billion. After completion of the BellSouth/AT&T merger, AT&T will become the largest telecommunications company in the world in terms of assets and profits.




[edit on 22/12/06 by stumason]




posted on Dec, 22 2006 @ 12:48 AM
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Ok, Verizon did buy what was left of MCI after the scandal -- I kind of forgot about that, my bad. But still it was after the scandal so Verizon had nothing to do with that.



posted on Dec, 22 2006 @ 12:51 AM
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Yeah, seems I just thought they changed their name after the scandal! My bad too


Didn't even know that there was a Verizon prior to them taking over MCI.




posted on Dec, 22 2006 @ 01:14 AM
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Originally posted by stumason
Didn't even know that there was a Verizon prior to them taking over MCI.


Yep, but I was wrong with another detail. When Bell Atlantic bought NYNEX it remained Bell Atlantic. The merger with GTE formed Verizon.



posted on Dec, 22 2006 @ 04:28 AM
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I hate idiotic customer service people. I was installing my uncle's modem, trying to find out how fast it goes, and something similar happened, where the customer service member didn't know the difference between kilobytes and megabytes. This guy had it lucky to have them on the line for so long. The people I spoke to ended up hanging up on me after coming to the conclusion that they had no idea what they were talking about.



posted on Dec, 22 2006 @ 04:42 AM
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masqua is right, OMG this was just a simple question and this "supervisor" made it way overcomplicated LMAO Great post!


Guess someone made a seriously wrong carrier choice.



posted on Feb, 7 2008 @ 11:29 AM
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Oh speaking of MCI...They have to be the worst. Our bill was paid up and Wednesday they blocked the toll after the payment posted on Tuesday. GRRR I already filed a complaint with the BBB. Who ever this bozo was that blocked the toll should be fired.




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