By eliminating our tracking stocks, we will build on our cash position and simplify our corporate structure, benefiting the investment community. |
If you had 50 percent from AT&T and 50 percent from MCI ... that probably would not look good to the other industries. |
Industry explosions like this are extremely, exceedingly rare. I think 40, 50 years from today people will look back and say this was the Golden Age of Communications. |
This agreement is a classic win-win. It allows both companies to grow their core businesses while creating synergies as each expands its global offerings. EDS offers MCI WorldCom proven IT and integration expertise, which will be key to our ability to maintain our technology leadership position as we continue to aggressively deploy facilities and expand globally. |
We are laying new fiber, but the thing to remember about this is we still need 10x growth from fiber just to stay even with current demand. |
We said from the outset of our new management team that we would take the bold steps necessary to build on our strong balance sheet and strengthen operational efficiencies that will better position the Company for future growth. This is one of those steps. |
We started as a commercial entity; we built the business by competition. |