Forsee Out as Sprint CEO

Gary Forsee, chairman and CEO of Sprint, resigned on Monday. The news came about a week after several media outlets cited anonymous sources who said the move was imminent. Forsee has come under fire from board members for Sprints ailing financials. Indeed, Sprint lowered its financial forecast for the current quarter, saying revenue would fall […]

Enron Broadband Trial Imminent

Five former Enron executives who worked at the defunct broadband services unit are set to go to trial on a range of charges levied by the Department of Justice. The search for a jury began Monday, the Houston Chronicle reported. Executives from Enron Broadband Services Inc. (EBS) are accused of 170 counts of conspiracy, wire […]

MCI: More Changes Imminent

Posted: 12/1997 MCI: More Changes Imminent WASHINGTON–Those holding their breath to see what the second largest long distance provider would do with three attractive buy offers on the table can now exhale. Unanimous approval by both MCI and WorldCom boards of directors and public announcement have taken WorldCom, Jackson, Miss., and MCI, Washington– "the most […]

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