We very much regret that our merger with Sprint was not allowed to proceed.

Sold stake in September 2003


Other activities
Bernard Ebbers served as Chairman of the Board of Directors of the Competitive Telecommunications Association from 1993 through 1995. Jones of the U. In July 2001 Ebbers was proposed as the chair for the President's National Security Telecommunications Advisory Committee.

In 2005 he was convicted of fraud and conspiracy as a result of WorldCom's false financial reporting and subsequent loss of US$100-billion to investors. Bernard John "Bernie" Ebbers (born August 27 1941) is a Canadian-born businessman. com and CNBC (who frequently previously hyped WorldCom for much of the 1990s in their broadcasts) named Ebbers as the fifth-worst CEO in American history;Time magazine named him the tenth most corrupt CEO of all time.