Macro
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month values ▾
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +0.40 | +0.50 | +0.50 | +0.50 | +0.50 | +0.50 | +0.40 | +0.20 | +0.68 | +0.40 | +0.50 | +0.50 |
The communication sector is trading slightly bullish this month, supported by WorldCom’s $37 billion acquisition of MCI Communications, a move that signals aggressive consolidation and scale-building among telecom carriers. While broader market conditions remain uncertain, this transformative deal has buoyed investor sentiment within the sector, reflecting confidence in expanded network reach and cost synergies.
How this mood is scored ▾
WorldCom finalized its $37 billion acquisition of MCI Communications following FCC approval, creating telecommunications giant MCI WorldCom. The deal, conditioned on MCI selling its Internet business, aims to enhance competition and expand service offerings across 200+ countries. The merger accelerates bundled telecom services and strengthens WorldCom's position against rivals like AT&T and GTE.