Jul, 2002 : Stratecast Predicts Bankruptcy for WorldCom

📅 July 4, 2002 - In a new report, Stratecast Partners (stratecast.com) assesses and forecasts the impact of the recent crises at WorldCom and Qwest.

The report focuses on how recent events at the two respective telecom giants will result in material shifts in the service provider market shares of large business customers. Interpretation from the perspectives of AT&T, Sprint, Cable & Wireless, Equant, BellSouth, SBC, and Verizon is included in the report.
"Stratecast expects that it will be exceedingly difficult for WorldCom to continue as a going concern in its current form, and we believe it is likely that WorldCom will be compelled to seek bankruptcy protection with hopes of restructuring," says Mike Smith, co-founder and chief strategist, Stratecast. "Although Qwest faces a multitude of challenges, we believe that the appointment of Richard Notebaert as Chairman and CEO is a positive move, particularly based on Notebaert's preliminary statements regarding key company priorities and focus areas."
The report, entitled "Assessing the Competitive Impact of the Crises at WorldCom and Qwest" is now available for purchase. Stratecast Partners, a division of Frost & Sullivan, provides strategic analysis of thetelecommunications industry with a focus on five key areas: data/IP growth initiatives of Tier 1 service providers and vendors; application hosting strategies and technologies; OSS; infrastructure convergence; and, competitive service providers.

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