Printer Friendly

MCI ESTABLISHES NEW COMPANY IN VENEZUELA AND ANNOUNCES CONCESSION TO PROVIDE IBS NETWORK SERVICES

 MCI ESTABLISHES NEW COMPANY IN VENEZUELA AND ANNOUNCES
 CONCESSION TO PROVIDE IBS NETWORK SERVICES
 RYE BROOK, N.Y., Feb. 21 /PRNewswire/ -- MCI Communications Corporation (NASDAQ: MCIC) today announced that establishment of MCI International de Venezuela, S.A. (MCIIV), located in Caracas. MCIIV is a wholly owned subsidiary of MCI International, a subsidiary of MCI. The incorporation of this new company marks a significant investment by MCI in the South American marketplace.
 MCI has also announced the Venezuelan Ministry of Transport and Communications has awarded MCI a concession to provide full IBS satellite telecommunications services in Venezuela.
 In addition to marketing support for MCI voice and data services, MCIIV will provide the infrastructure to support digital private voice and data network services from Venezuela to Europe, North America and other locations in South America. MCIIV will also provide complete local operations and maintenance support for all services offered.
 IBS network services in Venezuela will be provided through the installation of two teleport type earth stations, one in Caracas and another in Valencia.
 "The establishment of MCIIV is another step in the modernization of regulation and service provision for Venezuelan telecommunications, said Seth Blumenfeld, president of MCI International. "MCI's participation as a competitive service provider in this marketplace is an opportunity for the company to provide customers with alternative, cost effective IBS network services."
 Through a long standing relationship with CANTV, Venezuela's telecommunications carrier, MCI has been providing other outbound voice and data services, including MCI CALL USA and MCI Telex.
 "The award of the concession positions MCI to provide end-to-end digital services in Venezuela for voice, data and imaging applications," said K. Paul Sing, vice president of Global Marketing for MCI's Global Marketing unit.
 MCI is a worldwide strategic partner dedicated to meeting the global communications needs of customers around the world with customized business solutions, advanced technologies, premier service and dynamic strategies geared to the changing global market. MCI offers a full range of domestic and international communications services. Other international services include worldwide direct dialing, international 800, telex, facsimile, electronic mail and television transmission. MCI currently has 64 offices in 50 countries, Guam and Puerto Rico.
 -0- 2/21/92
 /CONTACT: Jane Levene of MCI International, 914-934-6480/
 (MCIC) CO: MCI Communications Corporation ST: New York IN: TLS SU:


SM-OS -- NY023 -- 1368 02/21/92 11:53 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Feb 21, 1992
Words:388
Previous Article:WHITMAN CORPORATION ANNOUNCED DIVIDEND
Next Article:UNOCAL CORP. TO BEGIN PHASING OUT MOTOR FUEL MARKETING THROUGH MARKETERS AND DEALERS IN THE SOUTHEASTERN UNITED STATES
Topics:


Related Articles
MCI INTRODUCES ADVANCED PRIVATE LINE BUSINESS SERVICES FROM THE UNITED STATES TO COLOMBIA, GUATEMALA AND PERU
STENTOR AND MCI FORM STRATEGIC ALLIANCE TO CREATE FULLY INTEGRATED U.S./CANADIAN NETWORK, DEVELOP ADVANCED NETWORK SERVICES
MCI ANNOUNCES ACTIVATION OF WORLD'S LARGEST CAPACITY UNDERSEA SYSTEM
IDB ANNOUNCES OPERATING AGREEMENTS FOR IBS SERVICE WITH VENEZUELA AND ARGENTINA
HOLIDAY INN SELECTS MCI FOR GLOBAL COMMUNICATIONS SERVICES TO LATIN AMERICA
MCI RELOCATES SMALL BUSINESS SALES CENTER TO BALTIMORE; EXPANSION TO RESULT IN 150 NEW JOBS
MCI BEGINS SERVICE ON AMERICAS-1 CABLE
MCI Inaugurates Peru's First International ISDN Service
MCI to Own Largest U.S. Share of New Pan American Cable
Pan American Cable, Most Advanced in the Region, Starts Commercial Traffic to the U.S.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters