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MFS COMMUNICATIONS COMPANY, INC. PUBLIC OFFERING CLOSES; 4.6 MILLION SHARES SOLD

 OMAHA, Neb., Sept. 21 /PRNewswire/ -- MFS Communications Company, Inc. (MFS) (NASDAQ-NMS: MFST) announced today the successful completion of its public offering of 4,600,000 shares of common stock at a price of $50 per share.
 Net proceeds from the offering will be used by the company for the expansion of its existing networks and services as well as the development of new networks and services. The offering was managed by Salomon Brothers Inc and Bear, Stearns & Co. Inc.
 MFS is the largest provider of local competitive access telecommunication services in the United States. The company provides a wide range of high quality voice, data and other enhanced services and systems specifically designed to meet the requirements of communications-intensive business and government end users.
 MFS operates subsidiaries in two business segments:
 -- Telecommunications services are provided by MFS Telecom, Inc., the nation's largest competitive access provider; MFS Datanet, Inc., which develops and markets advanced data communications services; MFS Intelenet, Inc., which will respond to demand by small and medium-sized businesses for single-source telecommunications services; and MFS Communications Limited, a new subsidiary formed to extend MFS' business communications services internationally.
 -- Network systems integration and facilities management services are provided through MFS Network Technologies, Inc.
 Metropolitan areas served by MFS networks include: Atlanta, Baltimore, Boston, Chicago, Dallas, Houston, Los Angeles, Minneapolis, New York City, northern New Jersey, Philadelphia, Pittsburgh, San Francisco and Washington, D.C.
 This communication shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 -0- 9/21/93
 /CONTACT: Steve Ingish, 708-218-7316, or Claire Fennell, 708-218-7232, both of MFS/
 (MFST)


CO: MFS Communications Company, Inc. ST: Nebraska IN: TLS SU: OFR

CK -- NY078 -- 4297 09/21/93 15:34 EDT
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Publication:PR Newswire
Date:Sep 21, 1993
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