WorldCom promises to deliver on FTS 2001

WorldCom promises to deliver on FTS 2001

Despite its bankruptcy filing, WorldCom Inc. officials say the company will be able to meet the needs of its FTS 2001 users as it reorganizes.

'WorldCom has assured GSA that the bankruptcy filing will not affect the company's performance to its federal customers,' a General Services Administration spokeswoman said last week.

WorldCom, with $107 billion in assets, on July 21 became the largest U.S. company ever to file for Chapter 11 bankruptcy protection. GSA previously had announced it was examining the company's fitness for future government contracts.

WorldCom is one of two contractors, along with Sprint Corp., supplying long-distance telecommunications services under FTS 2001. According to GSA figures, the company did $426 million worth of business with the government in fiscal 2001.

About the Author

William Jackson is a Maryland-based freelance writer.

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