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The $100 Million Club
MCI WorldCom's powerful position as a backbone operator has helped boost huge Internet growth as a driver of the carrier's overall business, leading to its record-breaking acquisition of Sprint.Deals worth $100 million or more:BuyerPropertyPriceDate AnnouncedMCI WorldComSprint$129B10/99Cincinnati BellIXC Communications3.
MCI WorldCom's powerful position as a backbone operator has helped boost huge Internet growth as a driver of the carrier's overall business, leading to its record-breaking acquisition of Sprint.
Deals worth $100 million or more:
| MCI WorldCom | Sprint | $129B | 10/99 |
| Cincinnati Bell | IXC Communications | 3.2B | 7/99 |
| Metromedia Fiber Network | AboveNet | 1.6B | 6/99 |
| Global Crossing | Frontier | 9.4B | 3/99 |
| Bridge Information Systems | Savvis Communications | 100M (est.) | 2/99 |
| AT&T | IBM Global Network | 5B | 12/98 |
| Qwest Communications International | Icon CMT | 187M | 9/98 |
| Cable & Wireless | MCI Internet | 1.75B | 7/98 |
| Frontier | Global Center | 200M | 1/98 |
| WorldCom | ANS Communications and CompuServe | 1.2B | 9/97 |
| GTE | BBN | $616M | 5/97 |
| WorldCom | MFS Communications | 14B | 8/96 |
| MFS Communications | UUnet Technologies | 2B | 4/96 |
Source: Boardwatch magazine's Directory of Internet Service Providers