WorldCom is to restate its financial accounts by a further $2bn, the third amendment in three months.
The company is expected to meet with the Securities and Exchange Commission later today, and will push its accounting shortfall up to $9bn.
WorldCom is also expected to discuss plans for a goodwill write-down of $50bn, according to the Financial Times.
The telco declared a $3.8bn profits overstatement in June, but this grew to $7.1bn in August when investigators discovered more overstated profits.
But some observers have said that, by showing willing in correcting its over-aggressive accounting strategies of the past, WorldCom can clarify its future position and speed up negotiations with bondholders over a debt-for-equity swap.
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