MCI is now on the Block: Assessing Possible Buyers
(EMAILWIRE.COM, September 22, 2004 ) CEDAR KNOLLS, NJ - MCI has formally placed itself in play by retaining investment bankers to advise the company on selling it. MCI is in such a weakened condition that this step signals a surrender.
"MCI was weakened severely under the Ebbers' regime and the resulting bankruptcy and the prolonged bankruptcy proceedings reduced the company in size and scope," said Allan Tumolillo, COO of Probe Financial Associates. "The final straw was the RBOCs' ability to have the Courts and the FCC undo UNE-P. This left MCI and other long distance carriers out in the cold in the consumer markets."
"With VoIP poised to come on strong and with AT&T already in an alliance with cable," said Tumolillo, "MCI has very few ways of leveraging its installed base, a base that is dwindling daily."
MCI's main strength is in the Enterprise sector and its customer base may prove to be attractive to one of the RBOCs. AT&T may be the one company with the most to gain in acquiring MCI.
PFA's new report, "MCI Is Now on the Block: Assessing Possible Buyers" analyzes who might acquire MCI and why.
- # -
_____________________________________________________________________
To obtain more information on Probe Financial Associates and its products, contact Karen Verrinder or visit PFA on the web at www.probefin.com.
"MCI was weakened severely under the Ebbers' regime and the resulting bankruptcy and the prolonged bankruptcy proceedings reduced the company in size and scope," said Allan Tumolillo, COO of Probe Financial Associates. "The final straw was the RBOCs' ability to have the Courts and the FCC undo UNE-P. This left MCI and other long distance carriers out in the cold in the consumer markets."
"With VoIP poised to come on strong and with AT&T already in an alliance with cable," said Tumolillo, "MCI has very few ways of leveraging its installed base, a base that is dwindling daily."
MCI's main strength is in the Enterprise sector and its customer base may prove to be attractive to one of the RBOCs. AT&T may be the one company with the most to gain in acquiring MCI.
PFA's new report, "MCI Is Now on the Block: Assessing Possible Buyers" analyzes who might acquire MCI and why.
- # -
_____________________________________________________________________
To obtain more information on Probe Financial Associates and its products, contact Karen Verrinder or visit PFA on the web at www.probefin.com.
Contact Information:
Probe Research, Inc.
Joseph Nchor
Tel:
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
Probe Research, Inc.
Joseph Nchor
Tel:
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
|
Private Equity, Angel Investing
Equity Alliance / Private Equity, Angel Investing, / IPO, Venture Capital & IR services / Equity Alliance International Equityallianceir.com Penny Stocks to Watch Sign up for hot penny stock picks Gains of 500%+ possible! Premiumstockpicks.com/landing/ Satellite TV for PC Watch Streaming Tv Right on Your PC Satellitetelevisionforpc.com Your text Ads & PR Text Ads plus unlimited press releases, One release featured/Day for only $575 per month. Read more on Text Ads & PR Your text Ads Here! Text Ads are only $289 per month. Ads are placed same day. More on Text Ads Advertising |




