[10701] in Commercialization & Privatization of the Internet
Re: MCI's ATM Strategy - Coming real soon now
daemon@ATHENA.MIT.EDU (Brock N. Meeks)
Sun Mar 6 04:10:47 1994
Date: Sat, 5 Mar 1994 17:34:50 -0800 (PST)
From: "Brock N. Meeks" <brock@well.sf.ca.us>
To: Gordon Cook <cook@path.net>
Cc: com-priv@psi.com
In-Reply-To: <9403041911.ab21214@pandora.sf.ca.us>
This has already been done, as far as I know. In the MCI-BT deal, ,where
BT bought about 20% of MCI for $4.3 billion, on of the side deals was the
creation of "Newco," which would handle the global data services of the
new joint venture. Hoewver, MCI also bought out BT North America's
Syncordia company, the data services firm. That has *already happened*
it was completed weeks ago.
On Fri, 4 Mar 1994, Gordon Cook wrote:
> John Rendelman in Feb 28 Communications week writes:\
>
> MCI will announce its ATM srategy *AFTER* it merges its data services
> with those of BT North America, an MCI spokeswoman said. She would not provide more details.
>
> -------
> uhhhh .... anyone know when thatparticular merger will be done?? Like how long our wait will be?
>
