motz
dissabte, 15. de març 2003

corporate history

the second-biggest 'asset write-down in u.s. corporate history' goes to ..tatata: worldcom. (source)

'WorldCom Inc., has announced it is to write down $79.8 billion in assets as a result of waning demand reduced the value of its networks.'
the first one: aol time warner inc.$99.7 billion last year.
'WorldCom has complained to European regulators accusing Deutsche Telekom of breaking competition law in the telephone and internet market.'

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