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有报道称,美国位于第二和第三位的长途电话企业——MCIWorldCom公司和Sprint公司,正在就两家企业合并事宜进行谈判,以形成一个足够挑战AT＆T公司的强大竞争对手。 MCI WorldCom公司和Sprint公司一共控制了美国长途电话市场32％的份额、而AT＆T公司则拥有该市场60％左右的份额。不过,和Sprint公司合并,将使缺乏移动电话通信业务的MCIWorldCom公司,获得Sprint公司的全美性移动通信部门——Sprint PCS。 尽管这起合并交易具有重要的战略性意义,但是,它可能难以获得批准。有关管理部门可能会对两家企业合并后在长途电话和互联网市场上的影响力进行详细评估,而且,MCI WorldCom公司的股东们还会担心,和Sprint公司合并后会使MCI WorldCom公司的利润大幅下降。据目前的市场价格计算,Sprint公司的核心业务价值大约470亿美元,其所属Sprint PCS业务部门另外价值大约320亿美元,而MCI WorldCom公司的市场价值则为1400亿美元。
There are reports that the United States, the second and third longest-distance telephone companies MCIWorldCom and Sprint, are negotiating on the merger of the two companies to form a strong rival that can challenge AT&T. MCI WorldCom and Sprint control a total of 32% of the U.S. long-distance phone market, while AT&T owns about 60% of the market. However, the merger with Sprint will enable MCI WorldCom, which lacks a mobile phone communications business, to acquire Sprint’s National Mobile Communications Division, Sprint PCS. Although this merger transaction has important strategic significance, it may be difficult to obtain approval. The relevant management department may conduct a detailed assessment of the impact of the merger of the two companies on the long-distance telephone and internet market. Moreover, shareholders of MCI WorldCom will also worry that the merger with Sprint will make MCI WorldCom’s profits sharper. decline. According to the current market price, Sprint’s core business value is approximately 47 billion US dollars, its subsidiary Sprint PCS business unit is worth another approximately 32 billion US dollars, and MCI WorldCom’s market value is 140 billion US dollars.