MCI by the numbers

摘要

Revenue is dropping, spending on new technologies is shrinking and a net loss for the year is likelyA downer of a coming-out party for MCI, huh? Newly public Securities and Exchange Commission (SEC) filings from the carrier give the clearest picture of the company's financial health in months. MCI had been able to keep much of its financials private while under Chapter 11 bankruptcy pro-tection, which it emerged from last month. In documents filed with the SEC, MCI reported a 19.1% drop in business services revenue in 2003 to $14.1 billion (www nwfusion.com, DocFinder: 1946). MCI's overall revenue fell 14.7% over that period from $28.6 billion to $24.4 billion (these fig- ures do not include MCI's Brazilian division Embratel, which MCI is selling).