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Roadblocks Threaten Sprint-MCI WorldCom Deal

News
April 1, 2000
An analysis by the Legg Mason Precursor Group, a top telecommunications investment research firm, predicted the Department of Justice will likely block the proposed merger of Sprint Corp. and MCI WorldCom because of its anti-competitive effect on long distance, Internet and data networking.

CWA in Talks with Lucent on Spin Off of Three Businesses

News
April 1, 2000
CWA officials have been meeting with Lucent Technologies management to gather details on the company’s recently announced plan to spin off its PBX, business cabling and LAN-based data businesses as a new $8 billion independent corporation.