BT?s erstwhile partner, Telefonica of Spain, is inking a deal with Worldcom to plug the gap left when it broke from the UK telco, according to newspaper reports over the weekend.
Telefonica signed a pact with BT when the UK giants was still expected to merge with MCI. The Spanish telco wanted an American ally to help it break into the country?s Spanish speaking regions, while BT and MCI wanted Telefonica to help it enter the Latin American market.
Now Telefonica is expected to sign a similar deal with Worldcom, with whom it would still gain access to the US market with Worldcom?s new bride, MCI. BT last week confirmed it was abandoning its plans for ties with the Spanish telco.
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