WORLDCOM wird sich bis Freitag VERDOPPELN !
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Symbol WCOEQ
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tao
*g*
Na Grinch
alter Pansen
*g* ;)
WorldCom Proposes Model for Future of Local Competition
AUSTIN, Texas, Dec 2, 2002 /PRNewswire-FirstCall via COMTEX/ -- In a move that could help determine the future course of local telephone competition, WorldCom today proposed a workable model for the eventual transition of competitive carriers from the Bell-controlled monopoly networks to their own facilities.
In a filing with the Public Utility Commission of Texas, WorldCom's MCI unit recommended a realistic process under which state regulators would launch an investigation to determine the conditions under which it may be appropriate to transition the residential local phone market from reliance on the Bell- controlled network to the competitors' own facilities. The process calls for independent testing and verification of SBC's processes for delivering lines to competitors in a timely, economic and efficient manner.
"The Texas PUC has been a leader in opening local phone markets. By initiating the review we suggest, state regulators will help ensure a smooth and seamless transition for Texans to the next phase in local phone competition while serving as a model for the rest of the nation," said James L. Lewis, WorldCom Senior Vice President for State Public Policy.
Under the proposal, the Texas PUC, telecommunications industry representatives, and consumer groups would jointly investigate the economic and operational barriers facing competitors' eventual transition from the Unbundled Network Element Platform (UNE-P) -- the package of piece-parts of the local phone network leased from SBC Southwestern Bell -- to their own facilities. The PUC also would oversee a third-party test and a market trial in which MCI customers would be migrated off of the Bell network to MCI's own facilities to verify whether systems issues have been resolved.
In its filing, WorldCom noted that SBC and the other Bell companies are waging a strident multi-front attack on the pricing and continued availability of UNE-P, which remains the only viable service delivery mechanism to provide local phone service to the residential and small business market on a wide scale. At the same time, the Federal Communications Commission is undertaking a review to determine which parts of the Bell-controlled local phone network should be available to competing carriers. SBC and the other Bells are pushing the FCC to immediately eliminate the availability of local switching in an attempt to kill UNE-P and stop residential phone competition in its tracks.
"Arbitrarily eliminating UNE-P with no transition plan would lead to chaos and would hand the residential local phone market over to the Bells. With SBC and the other Bell companies aggressively pursuing their efforts to enter long distance markets, eliminating the sole vehicle for broad-based residential phone competition would guarantee Bell remonopolization of the entire residential telecommunications marketplace," Lewis said. "The states should oversee any transition to assure that it is orderly and to assure that local phone customers would continue to be able to switch local phone providers as seamlessly as they change long distance providers today."
The success of MCI's innovative UNE-P-based "all-distance" offering, The Neighborhood, has decisively validated America's desire for competitive local choice as well as the value of UNE-P for the delivery of local phone service. Six years after the federal Telecom Act was approved, consumers are finally beginning to see the benefits of a competitive local phone market with residential competition that is real and meaningful.
"The Texas PUC has created a telecommunications marketplace that invites competitors to enter this market and provide residential service," Lewis said. "If state regulators take the lead in setting the tone for the next era in local phone competition, it will assure that all consumers will reap the benefits -- lower prices and innovative service -- that only comes with broad- based local phone competition."
ABOUT WORLDCOM, INC.
WorldCom, Inc. (WCOEQ, MCWEQ) is a pre-eminent global communications provider for the digital generation, operating in more than 65 countries. With one of the most expansive, wholly-owned IP networks in the world, WorldCom provides innovative data and Internet services for businesses to communicate in today's market. In April 2002, WorldCom launched The Neighborhood www.theneighborhood.com/ built by MCI -- the industry's first truly any-distance, all-inclusive local and long-distance offering to consumers for one fixed monthly price. For more information, go to www.worldcom.com .
Make Your Opinion Count - Click Here
tbutton.prnewswire.com/prn/11690X15806158
SOURCE WorldCom, Inc.
CONTACT: Stefanie Scott of WorldCom, Inc., +1-512-495-6730,
+1-800-644-NEWS, or stefanie.scott@wcom.com
URL: www.worldcom.com
www.prnewswire.com
Copyright (C) 2002 PR Newswire. All rights reserved.
-0-
KEYWORD: Texas
INDUSTRY KEYWORD: TLS
UTI
Dow Jones Newswires
WASHINGTON -- WorldCom Inc. (WCOEQ) received bankruptcy court approval to assume an amended agreement with Blockbuster Inc. (BBI) under which the telecommunications giant anticipates generating revenue of more than $250 million in 2003.
MCI Telecommunications Corp., the predecessor in interest to WorldCom's MCI WorldCom Communications Inc. unit, in 1997 signed a Free Flix agreement, an integrated marketing campaign between the parties. The pact calls for MCI WorldCom to pay Blockbuster for two different types of obligations - video rental certificates and Blockbuster gift cards.
Under a court order signed last Wednesday by U.S. Bankruptcy Judge Arthur J. Gonzalez, the amended agreement will be extended through Dec. 31, 2003. The agreement had been set to expire this Dec. 31.
MCI WorldCom provides certificates and gift cards to potential customers and for customers who sign up for specific services.
Without the Free Flix pact, the court order said, MCI WorldCom "risks losing a significant source of revenue for 2003 and beyond."
When WorldCom filed for bankruptcy July 21, MCI WorldCom owed Blockbuster roughly $3.2 million for prepetition redemptions of video rental certificates and gift cards. Blockbuster holds a prepetition deposit of about $2.8 million from MCI WorldCom.
MCI WorldCom must pay the $369,065 owed to Blockbuster under the pact within five days of last Wednesday's order, the filing said.
WorldCom, Clinton, Miss., filed for Chapter 11 bankruptcy protection after facing $41 billion in debt and an inability to tap the capital markets because of an accounting scandal. The company listed assets of about $107 billion as of March 31 in its Chapter 11 filing.
JACKSON, Miss., Dec 02, 2002 (AP Online via COMTEX) -- WorldCom Inc.`s new chairman and CEO Michael Capellas quietly slipped into his new role Monday.
Capellas, who has chosen to work out of WorldCom`s Asburn, Va. office instead of the company`s Clinton, Miss. headquarters, granted no interviews and aides refused to discuss the agenda for his first day on the job at the bankrupt telecommunications giant.
Capellas is expected to spend the next several weeks burrowing into the company`s corporate culture before making any more bold public pronouncements. When Capellas announced several weeks ago that he was leaving the No. 2 job at Hewlett Packard Co. to head WorldCom, he said he would lead it out of bankruptcy and do it without a clean sweep of management or breaking up the company or losing major corporate accounts.
"Now his task is to get the lay of the land from the inside, and I think for the next few weeks he will be measuring the mettle of his lieutenants, putting together his slate of board candidates and in his spare time learning the business," said Frank Dzubeck, a telecom strategy consultant and president of Communications Network Architects in Washington, D.C.
At the same time, Capellas will be under pressure to find a way to cut costs so that WorldCom - which has admitted to more than $9 billion in accounting fraud - can find a formula to become profitable and emerge from the biggest bankruptcy ever filed. Industry analysts expect Capellas to try to exit some of the carrier`s bandwidth contracts with competitors and shed noncore assets.
"I don`t see major changes over the next several weeks, but just shoring up the business and stemming the flow of customers away from MCI would be a major contribution," said F. Drake Johnstone, a telecom analyst with Davenport & Co., a Richmond, Va. brokerage firm.
Capellas`s freedom to impose his own strategic plan on WorldCom became even more limited last week. Already under the eye of two federal judges and its creditors, WorldCom agreed to a partial settlement of fraud charges with the Securities and Exchange Commission that gives greater oversight powers to court-appointed monitor Richard Breeden.
"This is the worst management nightmare that any new CEO has ever faced, but he`s bobbing and weaving between these enormous power blocs and he`s showing great leadership," said Jeff Sonnenfield, associate dean at Yale University School of Management and head of its Chief Executive Leadership Institute. "He is somebody that is noted not only for his tenacity but for his humility, which may be his greatest asset."
By BARBARA POWELL Associated Press Writer
Copyright 2002 Associated Press, All rights reserved
Er macht immerhin einen serioesen Eindruck indem er auf DURCHHALTEPAROLEN verzichtet.
Es waere schliesslich auch ZU OFFENSICHTLICH, wenn er schon JETZT OFFEN ankuendigen wuerde, welche versteckten KRAEFTE hinter den Kullissen an eine Medienwirksame Rettung arbeiten.
Ich bin mir seit heute SICHERER denn je, dass ich mein Geld in WolrdCOm gut angelegt habe.
Morgen wird es SICHERLICH Gewinnmitnahmen bis 0,25€ geben.
Es aendert aber nichts daran, dass WorldCOM richtung RETTUNG steuert.
Ich erwarte weiterhin einen STETIGEN anstieg dieser Aktie und werde morgen die ganzen Zocker , die Ihre Papiere morgen rauswerfen mit offenen Armen (kauf orders) empfangen.
WorldCOM weiterhin strong buy!!
Gruss
StarSailor
Worldcom wird hundertprozentig gerettet und dann werden auch die alten Aktien nicht ihre Gültigkeit verlieren. Wäre doch gar nicht im Sinne der Leute die den Laden gerettet haben. Ausser den Banken die an einer IPO einer neuen Firma verdienen würden hätte doch niemand einen Vorteil durch die Ausgabe neuer Aktien.
Worldcom wird wieder zur Nasdaq zurückkehren und dies wird dann als die grösste erfolgreiche Rettungsaktion in die Geschichte der Vereinigten Staaten eingehen. Giuliani wird als DER Retter vor dem amerikanischen Volk darstehen und 2008 mit überwältigender Mehrheit zum Nachfolger von Bush gewählt werden.
Ja, an die Geschichte glaube ich wirklich und deswegen bleibe ich investiert auch wenn mich einige wieder auslachen werden.
Also ihr Zocker verkauft schön! Glückwunsch zu Eurem schnellen Gewinn!
Ich verdiene in einigen Monaten, vielleicht auch Jahren, das zigfache.
Wetten Dass!
Gruss
Pusherman
Das die Antrittsrede nicht stattgefunden hat, ist schon eine psychologische Entäuschung.
Oder was meint Ihr?
Also lass mich das kurz zusammenfassen:
1. Worlcom hat sich nicht verdoppelt.
2. Guiliani is dabei hat aber nix zu melden (geschweige den Erfahrung!!!)
3. Der neue hält keine Antrittsrede! (na da waren deine Quellen aber sehr verlässlich!!!)
Also kurzum, nichts von dem was du gesagt hast ist eingetreten... PEINLICH!!!
Aber: "ist der Ruf erst ruhiniert... pusht es sich gleich ungeniert!!!"
sicher ein gutes zeichen, seh ich auch so.... ABER:
wieso glaubt ihr, dass der in sechs (!) jahren unbedingt president werden soll? zumal er doch schon ziemlich krank ist...!???!??