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Topic: Business
Number of pages / Number of words: 3 / 672
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How has the former WorldCom, Inc. Chief Executive Bernard Ebber's case affected WorldCom, Inc. and the Telecommunication industry?

The WorldCom debacle seriously wounded the telecom industry as it financially and ethically tripped the industry and WorldCom's heir, MCI. In the 1990's, telecom asset valuations were strained from market overcapacity (Standard and Poor's, 2002)...


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In the 1990's, telecom asset valuations were strained from market overcapacity (Standard and Poor's, 2002). The industry was hardly prepared to accept the public's financial distrust as WorldCom was exposed in 2002. The unwanted exposure, combined with decreasing revenues, created a weak environment for many in the telecom industry...


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