MCI

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MCI

(company)
A United States long-distance telecommunications company. Recently bought from British Telecom

MCI

(1) (Media Control Interface) A high-level programming interface from Microsoft and IBM for controlling multimedia devices. It provides commands and functions to open, play and close the device.

(2) (Microwave Communications Inc.) The long distance telephone company that was largely responsible for competitive telephone services in the U.S. It all started in 1963 in Springfield, IL. Jack Goeken and four others formed a company to increase sales of two-way radios by building microwave towers along Route 66 from St. Louis to Chicago for truckers. Bill McGowan, a New York consultant, joined the company in 1968 and helped Goeken acquire leases to build towers nationwide at a time when AT&T controlled virtually all long distance in the U.S.

In 1969, the FCC granted MCI the right to offer long distance services and to hook up to AT&T's network for access to the customer's premises, yet MCI was thwarted at every turn. In 1974, it filed a suit against AT&T, and the Justice Department filed its own suit, all of which led to the breakup of AT&T in 1984 (see Divestiture).

Throughout the 1980s and 1990s, MCI raised USD $2.6 billion in capital, offered innovative services and ultimately captured one third of the business market. After McGowan died in 1992, MCI lost its soul and was slower to form novel strategies; however, it did develop one of the best IP networks in the country. In 1997, MCI was acquired by WorldCom for USD $30 billion. Five years later, WorldCom declared bankruptcy, but emerged in 2004 as MCI.

In 2005, MCI was acquired by Verizon Communications, Inc. and became the Verizon business division of the company (www.verizonbusiness.com). See MCI Mail, WorldCom and MCI Decision.
References in periodicals archive ?
Prior to Kroll, Fraser was assistant general counsel at MCI Communications Corporation, where he was in charge of all litigation.
OB), a holding company with interests in optical plastics, paint and hardware distribution, and pharmaceuticals, today announced that GP Strategies Corporation had settled its remaining claims against Electronic Data Systems Corporation, as successor to the Systemhouse subsidiaries of MCI Communications Corporation, arising out of GP Strategies'1998 acquisition of Learning Technologies.
NEW YORK -- GP Strategies Corporation (NYSE:GPX), a global provider of training, e-Learning solutions, management consulting, and engineering services, today announced that it had settled its remaining claims against Electronic Data Systems Corporation, as successor to the Systemhouse subsidiaries of MCI Communications Corporation, arising out of the Company's 1998 acquisition of Learning Technologies.
Moratis spent several years with MCI Communications Corporation, the Securities and Exchange Commission, and Deloitte & Touche in several different roles.
NEW YORK -- GP Strategies Corporation (NYSE:GPX), a global provider of training, e-Learning solutions, management consulting, and engineering services, today announced that the jury trial of its fraud claims against Electronic Data Systems Corporation arising out of the Company's 1998 acquisition of Learning Technologies from the Systemhouse subsidiaries of MCI Communications Corporation is scheduled to commence on November 9, 2005 in New York Supreme Court.
OB), a holding company with interests in optical plastics, paint and hardware distribution, and pharmaceuticals, today announced that the New York Supreme Court had issued a decision on the motion made by Electronic Data Systems Corporation ("EDS") for summary judgment dismissing the fraud claims arising out of GP Strategies Corporation's 1998 acquisition of Learning Technologies ("LT") from the Systemhouse subsidiaries ("Systemhouse") of MCI Communications Corporation ("MCI").
NEW YORK -- GP Strategies Corporation (NYSE:GPX), a global provider of training, e-Learning solutions, management consulting, engineering, and simulation services, today announced that the New York Supreme Court had issued a decision on the motion made by Electronic Data Systems Corporation ("EDS") for summary judgment dismissing the fraud claims arising out of the Company's 1998 acquisition of Learning Technologies ("LT") from the Systemhouse subsidiaries ("Systemhouse") of MCI Communications Corporation ("MCI").
a provider of financial advisory services to the communications industry and as Executive Vice President of MCI Communications Corporation, a telecommunications provider.