M&A Deal Summary

MCI inc. Acquires MFS Communications

On August 27, 1996, MCI inc. acquired communications company MFS Communications for 12.0B USD

Acquisition Highlights
  • This is MCI inc.’s 1st transaction in the Communications sector.
  • This is MCI inc.’s 2nd largest (disclosed) transaction.
  • This is MCI inc.’s 2nd transaction in the United States.
  • This is MCI inc.’s 1st transaction in Nebraska.

M&A Deal Summary

Date 1996-08-27
Target MFS Communications
Sector Communications
Buyer(s) MCI inc.
Deal Type Merger
Deal Value 12.0B USD

Target

MFS Communications

Omaha, Nebraska, United States
MFS Communications Company is a provider of business class telecommunication products including long distance and Internet access through its own fiber rings in major central business districts.

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Buyer(S) 1

Buyer

MCI inc.

Ashburn, Virginia, United States

Category Company
Sector Communications
DESCRIPTION

MCI Inc. is a provider of communications connectivity to businesses, governments and consumers. The Company was formerly known as MCI WorldCom.


DEAL STATS #
Overall 2 of 7
Sector (Communications) 1 of 4
Type (Merger) 1 of 2
State (Nebraska) 1 of 1
Country (United States) 2 of 7
Year (1996) 1 of 1
Size (of disclosed) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1994-01-01 DCA Services

Oklahoma City, Oklahoma, United States

DCA Services is a provider of billing and back office outsourcing solutions for the telecommunications industry. Created in 1987 after the court-ordered breakup of AT&T and the Bell Operating Companies, DCA Services offers communications resellers and facilities-based carriers a means by which to process billing in a client/server based service bureau environment.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1997-03-01 DCA Services

Oklahoma City, Oklahoma, United States

DCA Services is a provider of billing and back office outsourcing solutions for the telecommunications industry. Created in 1987 after the court-ordered breakup of AT&T and the Bell Operating Companies, DCA Services offers communications resellers and facilities-based carriers a means by which to process billing in a client/server based service bureau environment.

Sell -