Verizon Communications, which is primarily a regional player, will use MCI's nationwide and global Internet Protocol networks to help it reach out to MCI's business customers--a group among which Verizon has had little success. Enterprise customers could also help New York-based Verizon expand its wireless business, Verizon Wireless, a venture of Verizon Communications and Vodafone Group.More details at Cnet
Verizon and MCI confirm $6.7 billion fusion
Posted on Monday, February 14 2005 @ 19:28 CET by Thomas De MaesschalckVerizon confirmed a $6.7 billion deal to acquire long-distance provider MCI.
