MCI, Inc.

MCI Communications was the second-largest long-distance telecommunications service provider in the U.S. until its purchase by WorldCom. 

Business Model:

Revenue: $0

Employees: 10,001-1

Detailed MCI, Inc. Information

Geographic Data

MCI, Inc. headquarters map

Address:

City: Washington

State: District of Columbia

Zip:

Country: United States

Financial Info

Stage:

Raised Last:

$0

Raised Total:

$0

Metrics

3,380,328Website Global Rank

5,213Website Monthly Traffic

Twitter Followers

Description

MCI Communications was the second-largest long-distance telecommunications service provider in the U.S. until its purchase by WorldCom. MCI was founded in 1963 and operated microwave relay stations and provided two-way radio services to truck drivers and barges.  The company grew with a strategy of mergers and acquisitions, and by going public with large amounts of capital being available at its disposal. By 1990, MCI was the second-largest telecommunications company in the U.S. The company ran into difficulty as a result of U.S. regulatory laws and in 1997 the company was purchased by WorldCom in a deal worth US$ 34.7 million.

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MCI, Inc. went public on the NASDAQ

Listed Exchange:
NASDAQ

Ticker Symbol:
MCIP

Live

Opened: -/share

EBITDA -
Total Cash -
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Announced Date Company Transaction Money Raised
11/1999 Metricom, Inc. Post-IPO Equity 600M
10/1999 Tasman Networks Venture Round 21M
2/2001 Yipes Series C 200M
2/2000 TeleCommute Solutions Venture Round 19M
6/2000 Mahi Networks Venture Round 0
8/2000 Advertising.com Venture Round 57M
3/2000 Cidera Series C 0
7/2000 NetScreen Technologies Venture Round 36M
7/2001 SmartPipes Series C 0
4/2000 YAFO Networks Series B 31M
7/2001 SmartPipes Series C 0
2/2001 Yipes Series C 0
8/2000 Advertising.com Venture Round 0
7/2000 NetScreen Technologies Venture Round 0
6/2000 Mahi Networks Venture Round 0
4/2000 YAFO Networks Series B 0
3/2000 Cidera Series C 0
2/2000 TeleCommute Solutions Venture Round 0
11/1999 Metricom, Inc. Post-IPO Equity 0
10/1999 Tasman Networks Venture Round 0

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Startup Locations

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Portfolio Employee Count

Announced Date Transaction Number of Investors Money Raised Lead Investors
Announced Date Name Price
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