MCI Inc.'s board of directors late last night rejected Qwest Communications International Inc.'s $8.9 billion offer, spurning the company's bid for a third time in favor of Verizon Communications Inc.

MCI Inc.'s board of directors yesterday embraced a cash-rich offer from Qwest Communications International Inc. after months of saying the company was a financially weaker and strategically less ...

WASHINGTON (MarketWatch) -- MCI Inc. rejected the latest $8.9 billion takeover bid by Qwest Communications Inc., voting to stay with original suitor Verizon Communications Inc. despite its lower offer ...

NEW YORK -- MCI Inc. and Onvoy Inc., a Minnesota phone and Internet company, have settled AT&T; Corp.'s charges that they passed phone-call routing fees on to AT&T,; the companies said Monday. Terms ...

A day after quitting the bidding for MCI Inc. in frustration, Qwest Communications International Inc. signaled it might pursue other deals to contend with the merger-driven consolidation of power in ...

MCI Inc.’s Web conferencing offering with Microsoft Corp. is just the beginning of a move to let users make PCs into phones, MCI President and CEO Michael Capellas said in a keynote address yesterday ...

MCI has accepted a revised $7.64 billion acquisition bid from Verizon Communications, rejecting a higher offer from Qwest Communications, MCI announced Tuesday. The Verizon bid increases the cash ...

MCI Inc. on Tuesday announced several new IP (Internet Protocol) security products, including intrusion protection, vulnerability scanning, an antivirus/antispam offering and new managed firewalls.

Verizon Communications, which has agreed to acquire MCI Inc., on Wednesday said it would grant MCI two weeks to hold additional talks with rival bidder Qwest Communications International Inc. The ...

The nation’s No. 2 long- distance carrier could be in play. MCI Inc. disclosed Monday that Leucadia National Corp., a holding company with other telecom assets, was seeking antitrust clearance to buy ...

MCI Inc. announced improvements to its online customer management portal this week to help Web hosting customers better manage their MCI voice and data services. MCI’s new MCI Customer Center, ...

NEW YORK - MCI Inc. accepted a sweetened $7.64 billion takeover proposal from Verizon Communications Inc. on Tuesday that raises the price tag by $1 billion, but is still nearly a billion dollars shy ...