divestiture

 

William G. McGowan

THEN: MCI Chairman William G. McGowan underwent a heart transplant in 1987. After a six-month recovery, he returned to his post as chairman until his death in 1992. During his tenure at MCI, the company grew from startup to $9.5 billion and had 16 percent of the American domestic and international long-distance market. NOW: McGowan, […]

Harold H. Greene

THEN: U.S. District Court Judge Harold H. Greene was just a few years past presiding over the antitrust suit that broke up the AT&T telecommunications monopoly. The case was one of Greenes first after being named to the bench. NOW: Judge Greene, who stopped hearing cases in 1998 and died in 2000, will always be […]

COMPTEL to Ask Judge for Inquiry Into AT&T/Verizon Divestiture Requirements

Competitive carrier association COMPTEL will go to court on May 10 to ask for permission to intervene in the Justice Departments requirement that AT&T Inc. and Verizon Communications Inc. divest some of their unused fiber networks, as part of the conditions for approving their takeovers of AT&T Corp. and MCI Inc., respectively. The DoJ last […]

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