M&A Deal Summary |
|
|---|---|
| Date | 2005-05-02 |
| Target | MCI inc. |
| Sector | Communications |
| Buyer(s) | Verizon Communications |
| Deal Type | Add-on Acquisition |
| Deal Value | 8.5B USD |
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| Category | Company |
|---|---|
| Founded | 1983 |
| Sector | Communications |
| Employees | 130,100 |
| Revenue | 136.8B USD (2022) |
Verizon Communications is a provider of communications, information, and entertainment products and services to consumers, businesses and governmental agencies. Verizon offers voice, data and video services and solutions on wireless and wireline networks that are designed to meet customers’ demand for mobility, network connectivity, security and control. Verizon dates back to 1983 and is based in New York City. Verizon Communications was founded in 1983 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 34 |
| Sector (Communications) | 3 of 13 |
| Type (Add-on Acquisition) | 1 of 28 |
| State (Virginia) | 1 of 3 |
| Country (United States) | 3 of 32 |
| Year (2005) | 1 of 1 |
| Size (of disclosed) | 3 of 15 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-05-02 |
Hawaiian Telcom Holdco
Honolulu, Hawaii, United States Hawaiian Telcom Holdco, Inc. is a provider of integrated communications and entertainment solutions for business and residential customers. Hawaiian Telcom was founded in 1883 and is based in Honolulu, Hawaii. |
Sell | $1.6B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-11-13 |
Verizon Communications - Correction Communications Divisions/MCI
United States The former MCI corrections division provides managed telecommunications services to state and county departments of correction, including customer service, call equipment management, billing and IT capabilities. These services enable inmates to communicate with friends, family members, legal counsel and other approved parties outside the correctional facilities. |
Sell | - |
