Worldcom to Exit Wireless Business
May 29, 2002, 11:13 AM by (staff)
WorldCom Inc. has quietly decided to pull the plug on its ailing wireless unit. The company plans to stop signing up new customers in coming months. Worldcom doesn't own its own cellular network. Instead, it pays rivals like Sprint PCS and Verizon Wireless to provide the underlying cell phone service. The company has recently been under fire for rampant billing errors and shoddy customer service. It is not yet clear whether WorldCom plans to sell its existing customer accounts or simply turn them over to the carriers that are already providing the underlying telephone service.
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