WilTel


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WilTel

(WILliams TELecommunications Group) An international long distance carrier and network services provider, formed in 1987 by a merger of Williams Telecommunications Company and LDX Net, Inc. WilTel grew by acquiring several companies and was the first to offer fractional T3 service and high-capacity, switched digital lines for videoconferencing. In 1994, it was acquired by WorldCom. See WorldCom.
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And though it has acknowledged that prices are declining faster than new demand for its bandwidth--it listed 16 pages of significant risks to investors in a prospectus on 115 million shares it included in the WilTel cash and stock deal--its investors haven't blinked yet.
"WilTel's post-sales approach to servicing our account has been outstanding and has exceeded our expectations, which is a refreshing change from the over promise under deliver standard which is all too prevalent in our industry," Lewis said.
The WilTel ruling fomented a hue and cry from taxing authorities fearful of decreased revenues, and some taxpayers fearful of having to pay more than what they considered their fair share of the tax burden.
The Williams Companies, one of the nation's largest processors and transporters of natural gas, had rejected an offer of $2 billion from LDDS Communications to buy Wiltel, the Williams telecommunications unit that has become the nation's fourth-largest fiber optic network.
In the meantime, there is a good chance such emerging mammals of local bit provision as Broad Band Technologies Inc., WilTel, maybe even your local electric utility, will have done such a good job of addressing the upstream digital market that remaining entry share will be too limited to feed the thunder lizards.
Federal Communications Commission, acting on State Department recommendation, approved proposals from EmtelCuba with Wiltel International, MCI, LDDS Communications, Sprint, and IDB-Worldcom to provide direct communications between the United States and Cuba.
The revelation of possible misconduct made no impression on Wall Street investors, as weeks later LDDS went ahead with a sweet deal for WilTel, the gemlike long-distance unit of the Williams Companies.
Prior to joining Level 3, Storey served as president of Leucadia Telecommunications Group and before that served as president and chief executive officer of WilTel Communications.
Level 3 Communications, LLC, and Wiltel Communications, LLC: Plaintiff alleges trespass.
WilTel, for example, well known for its wholesale carrier services, is creating a sales team to sell its services directly to the enterprise market.
"Insufficient space for UCSC was then available in that 2.3 million-SF building, which had other tenants such as WilTel Communications and SmartMoney Magazine, a joint venture of Dow Jones & Company and Hearst Corporation," Yaffa reported.