MCI Board Members to Purchase Company Stock
November 07 2005 - 10:00AM
PR Newswire (US)
ASHBURN, Va., Nov. 7 /PRNewswire-FirstCall/ -- MCI, Inc.
(NASDAQ:MCIP) today announced that members of its Board of
Directors will again invest 25 percent of their directors' fees in
MCI Common Stock. Under a process announced August 12, 2004, MCI
has withheld 25 percent of all directors' fees earned in the
current quarter for investment in MCI Common Stock. With the
opening of the window period to engage in transactions involving
MCI stock, these funds will be transferred to a broker, who
purchases the shares on behalf of each director. Shares are held in
individual accounts in each director's name. About MCI MCI, Inc.
(NASDAQ:MCIP) is a leading global communications provider,
delivering innovative, cost-effective, advanced communications
connectivity to businesses, governments and consumers. With one of
the most expansive global IP backbones and wholly-owned data
networks, MCI develops the converged communications products and
services that are the foundation for commerce and communications in
today's market. For more information, go to http://www.mci.com/.
DATASOURCE: MCI, Inc. CONTACT: Media: Peter Lucht, +1-800-644-NEWS
or Investors: Susan Watson, +1-703-886-5282, both of MCI, Inc. Web
site: http://www.mci.com/
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