Word: mci
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Dates: during 1990-1999
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...Golf MCI Classic...
...implemented by the FCC, long-distance companies such as AT&T, MCI and Sprint pay the tax revenue directly to the federal government. Naturally unwilling to sacrifice profits, the long-distance companies passed the tax along to consumers. Fearing customer criticism for an apparent rate hike, the long-distance companies also planned to list the new tax as a line item on long-distance bills. The liberals responsible for the tax would not tolerate such disclosure, however, so the FCC and the vice president's office leaned on the companies to hide the tax in exchange for slower implementation...
SEARCH AND CHARGE Apparently it's not enough for the folks at Yahoo! that they've already won the Web search-engine wars. A few weeks ago, they began offering Yahoo! Visa cards, and last week they joined forces with MCI to launch a Yahoo! Internet-access service, putting them squarely in competition with giant America Online...
...People at Bell Atlantic, MCI and AT&T [carriers for the Harvard community] have been working on it," Grenier said...
...Monday was a pretty good day for WorldCom: The company discovered that it had underestimated its savings from MCI's international business costs by several hundred million dollars. As a result, WorldCom expects to add to its earnings by as much as 20 percent in the first year after the merger takes effect. Meanwhile, the U.S. Department of Justice has approved WorldCom's purchase of data networks owned by America Online and CompuServe. That purchase was part of a three-way deal earlier this year in which AOL acquired CompuServe's consumer subscribers...