23 June 1998
WorldCom Advanced Networks and UUNET WorldCom Introduced as Business Units
WorldCom, Inc. (NASDAQ: WCOM) today announced a realignment
of its data networking and Internet divisions, consolidating
the assets of UUNET Technologies, CompuServe Network
Services, ANS Communications and GridNet International -
into two business units, now called WorldCom Advanced
Networks and UUNET WorldCom.
WorldCom Advanced Networks will consolidate and offer
value-added services from all four companies, including
products such as managed Virtual Private Networks (VPNs),
managed security and Web hosting services. Peter Van Camp,
former head of CompuServe Network Services, will serve as
president of WorldCom Advanced Networks. WorldCom Advanced
Networks, a leading global network integrator, provides more
than 1,500 companies with complete, fully integrated and
managed Internet, Intranet and Extranet connectivity
solutions in 114 countries. UUNET WorldCom will deploy and
market WorldCom's IP infrastructure based products,
consolidating best of breed Internet access and IP telephony
offerings from UUNET, ANS and GridNet. Mark Spagnolo, former
head of UUNET Technologies, has been named president of
UUNET WorldCom. UUNET WorldCom, is a global leader in
Internet communications solutions, offering a comprehensive
range of services to businesses, online service providers
and telecommunications firms.
Both Van Camp and Spagnolo report to John Sidgmore,
vice-chairman and chief operations officer of WorldCom.
"WorldCom is in the unique position to give customers the
broadest range and highest quality of Internet and
networking services from two organisations with proven
success and competency in their respective areas," said
Sidgmore. "Under this structure, WorldCom Advanced Networks
and UUNET WorldCom will focus on what they each do best, yet
they will work together in a seamless manner to provide
customers with any combination of needed services."
Realignment of products and staffing has been completed, and
integration of physical networks is currently underway. By
the fourth quarter of 1998, the IP backbones from UUNET and
ANS will be completely integrated, and within the next year,
the ATM backbone for CompuServe Network Services will
transfer to the WorldCom ATM network and will serve as the
backbone for WorldCom Advanced Networks.
- ends -
About WorldCom, Inc.
WorldCom (NASDAQ: WCOM) is a global telecommunications
company. Operating in more than 50 countries, the company is
a premier provider of facilities-based and fully integrated
local, long distance, international and Internet services.
WorldCom, under the UUNET brand, is an international
provider of Internet services with multiple Points of
Presence (POPs) throughout the United States and in Canada,
Europe and the Asia-Pacific region.
On November 10, 1997, WorldCom announced a definitive merger
agreement with MCI Communications Corporation to form a new
company called MCI WorldCom.
The company expects the merger to close in mid-1998.
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