MCI WorldCom

URI: https://gptkb.org/entity/MCI_WorldCom
GPTKB entity
AI-created image of MCI WorldCom
AI-created image
Statements (42)
Predicate Object
gptkbp:instanceOf gptkb:telecommunications_company
gptkbp:acquiredBy gptkb:MCI_Communications
gptkb:Verizon_Communications
gptkbp:acquisitionYear 2006
gptkbp:alsoKnownAs gptkb:WorldCom
gptkbp:country gptkb:United_States
gptkbp:delistedDate gptkb:NASDAQ
2002
gptkbp:filedForBankruptcy 2002
over $100 billion
Chapter 11
gptkbp:foundedBy gptkb:Bernard_Ebbers
gptkbp:foundedYear 1983
gptkbp:headquartersLocation gptkb:Clinton,_Mississippi,_United_States
gptkbp:industry telecommunications
gptkbp:keyPerson gptkb:Bernard_Ebbers
gptkb:Scott_Sullivan
gptkbp:legalOutcome Bernard Ebbers convicted
Scott Sullivan convicted
gptkbp:legalOutcomeYear 2005
gptkbp:mergedInto gptkb:MCI_Communications
gptkbp:notableEmployee gptkb:Bernard_Ebbers
gptkb:Scott_Sullivan
gptkbp:notableEvent gptkb:accounting_scandal
2002
gptkbp:notableFor one of the largest corporate frauds in U.S. history
gptkbp:numberOfEmployees over 80,000 (at peak)
gptkbp:originalName gptkb:Long_Distance_Discount_Services,_Inc._(LDDS)
gptkbp:parentCompany Verizon Communications (after 2006)
gptkbp:product data transmission services
internet services
long distance telephone services
gptkbp:renamed gptkb:MCI_Inc.
gptkb:MCI_WorldCom
gptkb:WorldCom
gptkbp:scandal accounting fraud
gptkbp:scandalAmount over $11 billion in fraudulent accounting entries
gptkbp:stockSymbol gptkb:WCOM
gptkbp:successor gptkb:MCI_Inc.
gptkbp:bfsParent gptkb:MCI
gptkbp:bfsLayer 4
https://www.w3.org/2000/01/rdf-schema#label MCI WorldCom