WorldCom’s Fraudulent Fallout
WorldCom got its start as a small discount long distance provider in Mississippi. Founded by Bernard Ebbers the idea for WorldCom was simple, buy long distance services from larger companies and then sell them off to small local ones. The idea worked and before long Long Distance Discount Services, later to be called WorldCom, was off and running. The company began acquiring small telecommunications firms and grew larger and larger. By 1995, WorldCom was one of the largest long distance providers in the world. As time progressed they acquired more then sixty companies, including MCI. The MCI take-over in 1997 cost over thirty-seven billion dollars, and at the time it was considered the largest merger in American history. After the MCI deal WorldCom became the second largest Telecommunications Company in the United States. They owned one-third of the data cables and were handling over fifty percent of all internet traffic in the United......

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Title: Worldcom's Fraudulent Fallout
Approximate Word Count: 2104
Approximate Pages: 9 (250 words per double-spaced page)

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1. Worldcom's Fraudulent Fallout
   

   WorldCom's Fraudulent Fallout. WorldCom’s Fraudulent Fallout WorldCom got its
   start as a small discount long distance provider in Mississippi. ... ...