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Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
25 / 6909 |
Essay's paper body
Here is the timeline which shows the summarized view of the history, growth and fall of WorldCom in chronological order
Sept. 1983- Bernard Ebbers and partners jump into the long distance market with LDDS
Jan. 1984- LDDS begins service
1985- Bernard Ebbers named CEO
1988-1994- Fast growth with the acquisition of telecommunications companies
1989- LDDS Goes Public
1992- LDDS merges with Advanced Telecommunications Corp...
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Scott Sullivan, Advanced Telecommunications CFO, joins LDDS
1995- LDDS Changes name to WorldCom
Dec. 1995- WorldCom signs Michael Jordan to promote long distance service
March 1996- S&P 500 Index announces it will list WorldCom
Dec. 1998- Merger with MFS Communications Co. Includes UUNet, Inc., the internet backbone Feb...
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