The rise and fall of WorldCom important dates
WorldCom:
1983 —Businessmen Murray Waldron and William Rector sketch out a plan to create a discount long-distance provider called LDDS (Long-Distance Discount Service).
1985 — Early investor Bernard Ebbers becomes chief executive officer of LDDS.
1989 — LDDS becomes public through the acquisition of Advantage Companies.
1992 — LDDS merges in an all-stock deal with discount long-distance service provider Advanced Telecommunications.
1993 — LDDS acquires long-distance providers Resurgens Communications Group and Metromedia Communications in a three-way stock and cash transaction that creates the fourth-largest long-distance network in the United States.
1994 — LDDS acquires domestic and international communications network IDB Communications Group in an all-stock deal.
1995 — LDDS acquires voice and data transmission company Williams Telecommunications Group (WilTel) for $2.5 billion cash and changes its name to......

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Title: Worldcom Rise And Fall Important Dates
Approximate Word Count: 1200
Approximate Pages: 5 (250 words per double-spaced page)

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