WorldCom

(redirected from Wiltel)
Also found in: Acronyms, Encyclopedia.

WorldCom

A telecommunications company that was at one time the second largest long distance provider in the United States. It had a large role in the expansion of Internet use in the 1990s. It is known for its notorious bankruptcy in 2002 following massive accounting fraud that resulted in several executives receiving jail sentences and investors losing billions of dollars. WorldCom is often associated with the Enron scandal because they occurred at about the same time and because both WorldCom and Enron used the accounting firm Arthur Andersen. It is now called MCI and is a subsidiary of Verizon.
References in periodicals archive ?
WilTel seller Leucadia National, in fact, is cross-invested in interests held by Buffett's Berkshire Hathaway, another of the links that Crowe's company can benefit from but that raise red flags for outside observers.
WilTel's ability to deliver advanced network solutions continues to be recognized by both customers and leading industry research firms.
The deal, which cost LDDS $2.5 billion in cash to complete, added $1.2 billion from WilTel's annual revenues to LDDS' coffers.
At N+I, WilTel CEO Jeff Storey talked of his company's 30,000 miles of fiber and long history as a carrier's carrier, but also emphasized its servicing of enterprise customers through the years.
To accomplish this, one of the many challenges we faced was to negotiate for the surrender of spaces on long-term leases by the above-mentioned WilTel and SmartMoney.
With over 18 years of experience in other energy and communications divisions of Williams, Gillipsie has also served as director of telecommunications projects for the former Wiltel Technology Ventures and managed a team responsible for process control and network systems for the Williams petroleum pipeline system.
telephone companies, AT&T, MCI, LDDS, IDB and Wiltel. Services have not been severed with the U.S.
Williams, meanwhile, had invested heavily in a fiber-optic system, WilTel, that it ultimately sold.
WilTel International Inc., and Cuba's national telephone company EmtelCuba will build the first modern broadband connections to the island nation, called CUBUS 1.
Before that she was marketing director at WilTel, acquired by Level 3, and director of product management for McLeodUSA, now part of Windstream.
One of his colleagues at that time was Roy Wilkins, who later started WilTel. When the oil business collapsed, Thompson went to work for Clint Murchison in the new field of subscription TV.