{"id":3141,"date":"2005-03-29T10:55:54","date_gmt":"2005-03-29T10:55:54","guid":{"rendered":"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/e-commerce\/mci-chooses-verizon.html"},"modified":"2005-03-29T10:55:54","modified_gmt":"2005-03-29T10:55:54","slug":"mci-chooses-verizon","status":"publish","type":"post","link":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/e-commerce\/mci-chooses-verizon.html","title":{"rendered":"MCI Chooses Verizon"},"content":{"rendered":"<p><span style=\"FONT-SIZE: 10pt; FONT-FAMILY: \"Times New Roman\"; mso-ansi-language: EN-US; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-US; mso-bidi-language: AR-SA\">The latest offer accepted by MCI values the company at roughly $7.6 billion, but it&#8217;s still below Qwest&#8217;s latest offer of $8.45 billion in cash and stock.<\/p>\n<p>&quot;We believe our agreement with MCI represents superior value and is a compelling proposition for MCI&#8217;s shareholders, customers, employees and creditors,&quot; Verizon Chief Executive Ivan Seidenberg said today.<b style=\"mso-bidi-font-weight: normal\"><\/p>\n<p><\/b>Qwest has argued that its deal will generate more than twice as much savings as Verizon has promised, and that a Qwest-MCI deal would raise fewer objections from government officials concerned about lost competition. The savings include up to 15,000 job cuts, or more than twice as many as Verizon plans.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The latest offer accepted by MCI values the company at roughly $7.6 billion, but it&#8217;s still below Qwest&#8217;s latest offer of $8.45 billion in cash and stock. &quot;We believe our agreement with MCI represents superior value and is a compelling proposition for MCI&#8217;s shareholders, customers, employees and creditors,&quot; Verizon Chief Executive Ivan Seidenberg said today.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/3141"}],"collection":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/comments?post=3141"}],"version-history":[{"count":0,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/3141\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/media?parent=3141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/categories?post=3141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/tags?post=3141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}