Word: mci
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Harvard officials say their hands are tied by a dated contract with MCI WorldCom that leaves the long distance carrier to walk away with substantial profits while the University is forced to pass the high prices on to break even...
...Harvard looks to reevaluate its contract this year, MCI WorldCom's rivals are bucking for Harvard's business. If Harvard plays its cards right, the renegotiations of rates could mean substantial savings for students, who paid $4.5 million in HSTO bills last year...
...Bell's costly drive into the $110 billion local service market, a much-publicized mass layoff of 40,000 employees had failed to boost business, and worst of all, the largest U.S. telephone company (1997 revenues: $51.3 billion) was stuck on the sidelines, while upstarts such as WorldCom and MCI were teaming to deliver everything from long-distance service to high-speed Internet access. "This marvelous industry was growing in double digits globally," Armstrong explains. "The only trouble was, AT&T was not participating in that growth...
That's the easy part. Appeasing the phone companies will be harder. "While we support the goal of wiring classrooms," says MCI spokesman Brad Burns, "we don't think we should be put in the position of playing fee collector for the Federal Government." The long-distance companies have already begun collecting the surcharge from their business customers, adding as much as 5% to their bills. In July, they warn, they'll place a line-item charge on residential users as well. Phone companies, which are trying to outdo one another by offering service for pennies a minute, claim...
...technique lets you earn miles and points from everyday purchases made without ever fastening an airplane seat belt. Delta Air Lines awards you 300 miles with every floral purchase of $29.99 or more from the Flower Club. American Airlines gives 5 miles for every $1 spent with phone company MCI. United Airlines even gives you a housewarming gift: 1,000 miles for every $10,000 borrowed through specified mortgage brokers. "I can get miles by using my Bell Atlantic cell phone and making calls using MCI. What a concept!" says Ira Birns, 35, assistant treasurer with Arrow Electronics in Melville...