|
gptkbp:instance_of
|
gptkb:historical_event
gptkb:Company
gptkb:Telecommunications_company
|
|
gptkbp:bfsLayer
|
4
|
|
gptkbp:bfsParent
|
gptkb:Arthur_Andersen
gptkb:MCI,_Inc.
|
|
gptkbp:acquired
|
gptkb:MCI
|
|
gptkbp:acquisition
|
gptkb:1997
gptkb:1998
gptkb:2000
gptkb:MCI_Communications_Corporation
gptkb:Sprint_Corporation
gptkb:MCI,_Inc.
gptkb:MCI
aggressive expansion
$37 billion
|
|
gptkbp:analyzes
|
several years
SEC investigation
|
|
gptkbp:approves
|
gptkb:2004
|
|
gptkbp:business_model
|
telecommunications and data services
|
|
gptkbp:ceo
|
gptkb:David_J._Mc_Carty
gptkb:William_L._Smith
gptkb:Kevin_A._Mc_Carthy
gptkb:Nathan_A._Mc_Carthy
gptkb:Quentin_A._Mc_Carthy
gptkb:Victor_A._Mc_Carthy
gptkb:Zachary_A._Mc_Carthy
gptkb:James_A._Mc_Gowan
gptkb:Joseph_A._Mc_Carthy
gptkb:Paul_D._Mc_Carthy
gptkb:Steve_A._Mc_Carthy
gptkb:Yvonne_A._Mc_Carthy
gptkb:Larry_A._Mc_Carthy
gptkb:Tim_A._Mc_Carthy
gptkb:Richard_L._Mc_Carthy
gptkb:John_Sidgmore
gptkb:Bernard_Ebbers
gptkb:Charles_A._W._Mc_Carthy
gptkb:Michael_Capellas
gptkb:Robert_A._Mc_Carthy
gptkb:Edward_A._Mc_Carthy
gptkb:George_A._Mc_Carthy
gptkb:Henry_A._Mc_Carthy
gptkb:William_A._Mc_Carthy
gptkb:Scott_Sullivan
gptkb:John_A._Mc_Carthy
gptkb:Michael_J._Mc_Mahon
gptkb:Robert_W._Jones
gptkb:Thomas_A._Mc_Carthy
gptkb:Mark_A._Mc_Carthy
1985-2002
April 2002
Xavier A. Mc Carthy
Oscar A. Mc Carthy
|
|
gptkbp:collaborated_with
|
Sprint Corporation (proposed)
Verizon Communications (2006)
|
|
gptkbp:collaborations
|
failed attempt
|
|
gptkbp:communication
|
provider
|
|
gptkbp:consequences
|
$750 million
multiple convictions
|
|
gptkbp:convicted_of
|
gptkb:2004
gptkb:2005
|
|
gptkbp:dissolved
|
gptkb:2003
gptkb:2006
|
|
gptkbp:economic_impact
|
loss of trust
increased regulation
mass layoffs
|
|
gptkbp:edibility
|
25 years in prison
|
|
gptkbp:effective_date
|
July 21, 2002
|
|
gptkbp:employees
|
80,000
approximately 80,000 (2001)
80,000 (2001)
approximately 80,000 (2000)
|
|
gptkbp:famous_for
|
gptkb:Telecommunications_company
World Com accounting scandal
|
|
gptkbp:financial_performance
|
1999-2002
improper
misleading
falsified
$41 billion
significant changes
one of the largest in U. S. history
restructured under new management
|
|
gptkbp:financial_products
|
gptkb:Southern_District_of_New_York
gptkb:U._S._Bankruptcy_Court_for_the_Southern_District_of_New_York
gptkb:2002
July 2002
questionable accounting practices
restructured company
|
|
gptkbp:founded
|
gptkb:1983
|
|
gptkbp:founder
|
gptkb:Bernard_Ebbers
|
|
gptkbp:headcount
|
approximately 20,000 (2003)
60,000 (2002)
|
|
gptkbp:headquarters
|
gptkb:Ashburn,_Virginia
gptkb:Mississippi
gptkb:Clinton,_Mississippi
corporate office
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
World Com
|
|
gptkbp:impact
|
telecommunications industry
largest bankruptcy in U. S. history at the time
|
|
gptkbp:industry
|
gptkb:Arthur_Andersen
gptkb:Telecommunications_company
major player
after scandal
|
|
gptkbp:investment
|
decreased
|
|
gptkbp:judicial_review
|
gptkb:2002
ongoing
|
|
gptkbp:language
|
aggressive growth
|
|
gptkbp:legacy
|
long-lasting effects
corporate governance reforms
accounting reform
|
|
gptkbp:legal_issue
|
gptkb:historical_event
gptkb:2002
numerous lawsuits filed
|
|
gptkbp:losses
|
billions
$180 billion
|
|
gptkbp:market
|
second largest long-distance provider in U. S.
|
|
gptkbp:market_cap
|
$180 billion
|
|
gptkbp:named_after
|
gptkb:MCI,_Inc.
|
|
gptkbp:network
|
related to scandal
|
|
gptkbp:nickname
|
reintroduced in 2003
|
|
gptkbp:notable_event
|
merger with MCI
largest bankruptcy in U. S. history at the time
|
|
gptkbp:parent_company
|
gptkb:Verizon_Communications
|
|
gptkbp:perpetrator
|
gptkb:Cynthia_Cooper
|
|
gptkbp:philanthropy
|
gptkb:2002
|
|
gptkbp:pokédex_number
|
gptkb:1999
|
|
gptkbp:prize_money
|
$11 billion
|
|
gptkbp:receives_funding_from
|
$107 billion (2001)
$41 billion (2001)
|
|
gptkbp:reform
|
gptkb:Sarbanes-Oxley_Act
gptkb:2003
gptkb:2004
approved in 2004
|
|
gptkbp:regulatory_compliance
|
gptkb:significant
|
|
gptkbp:reputation
|
severely damaged
|
|
gptkbp:revenue
|
gptkb:2001
$11 billion
$3.8 billion
$39 billion
long-distance services
$39 billion (2001)
improper accounting methods
|
|
gptkbp:service_area
|
gptkb:United_States
|
|
gptkbp:services
|
internet services
data services
data and internet services
|
|
gptkbp:stock_exchange
|
gptkb:2002
gptkb:NASDAQ
limited
misled
|
|
gptkbp:subsidiary
|
gptkb:MCI_Inc.
gptkb:MCI_World_Com
gptkb:Verizon
gptkb:UUNET
|
|
gptkbp:successor
|
gptkb:Verizon_Communications
|
|
gptkbp:supports
|
increased scrutiny
|
|
gptkbp:symbol
|
gptkb:WCOM
|
|
gptkbp:title
|
gptkb:MCI,_Inc.
|
|
gptkbp:type
|
gptkb:Company
|
|
gptkbp:website
|
worldcom.com
|