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Uunet Technologies Inc

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BUSINESS
January 14, 1995 | Times Staff and Wire Reports
Microsoft Details Internet Plans: The software company said it will buy a minority stake in Falls Church, Va.-based Uunet Technologies Inc., a major provider of access to the Internet computer network. Separately, Microsoft Corp. said it has licensed a popular Internet browsing software called Mosaic from Spyglass Inc. of Naperville, Ill.
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BUSINESS
July 13, 1999 | Karen Kaplan
EarthLink Network will begin offering high-speed Internet access nationwide through an agreement with UUNet Technologies, the companies are expected to announce today. EarthLink and UUNet, a unit of MCI WorldCom, have been testing the digital subscriber line, or DSL, service in Los Angeles and Boston and will roll it out to more cities by the end of the year, according to the companies.
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BUSINESS
July 11, 1996 | PATRICE APODACA, TIMES STAFF WRITER
Joining a stampede of major telephone companies into the burgeoning Internet business, GTE Corp. said Wednesday that it will begin offering Internet access services across much of the nation. Stamford, Conn.-based GTE, the nation's largest local phone service provider, said it will allow customers in more than 250 cities in 46 states to hook up to the Internet through an agreement with Uunet Technologies Inc., a leading Internet access provider. Terms of the deal were not disclosed.
BUSINESS
September 23, 1997 | Reuters
UUNet, the Internet service provider owned by WorldCom Inc., is expected today to unveil an Internet-based service that lets one sender transmit large amounts of data to many users at once. The multicasting service, which lets users send hefty data files such as video, will be aimed at corporate users, analysts said. A spokeswoman for Fairfax, Va.-based UUNet would only say that the company is making a "major" announcement today in San Francisco.
BUSINESS
May 1, 1996 | JUBE SHIVER Jr., TIMES STAFF WRITER
In the first acquisition by a sizable local phone company of a major Internet access provider, MFS Communications Co. said Tuesday that it has agreed to pay $2 billion for Uunet Technologies Inc. The planned purchase by upstart phone carrier MFS, based in Omaha, will broaden the market for advanced telephone and Internet services targeted at large businesses.
BUSINESS
September 23, 1997 | Reuters
UUNet, the Internet service provider owned by WorldCom Inc., is expected today to unveil an Internet-based service that lets one sender transmit large amounts of data to many users at once. The multicasting service, which lets users send hefty data files such as video, will be aimed at corporate users, analysts said. A spokeswoman for Fairfax, Va.-based UUNet would only say that the company is making a "major" announcement today in San Francisco.
BUSINESS
July 13, 1999 | Karen Kaplan
EarthLink Network will begin offering high-speed Internet access nationwide through an agreement with UUNet Technologies, the companies are expected to announce today. EarthLink and UUNet, a unit of MCI WorldCom, have been testing the digital subscriber line, or DSL, service in Los Angeles and Boston and will roll it out to more cities by the end of the year, according to the companies.
BUSINESS
May 1, 1996 | TOM PETRUNO
New stock issues rarely vanish from the market as quickly as Uunet Technologies plans to: The Internet-access provider, which went public last May 25, on Tuesday agreed to a $2-billion takeover offer from business phone services company MFS Communications. MFS's stock-swap offer values Uunet at nearly $62 a share, sending its stock up $10.50 to $58.75 on Nasdaq on Tuesday. That's a decent takeover premium, but it still may leave plenty of Uunet owners unhappy: Some of them paid as much as $98.
BUSINESS
August 22, 2002 | Alex Pham
The music industry dropped its suit seeking to compel four Internet backbone providers to block access to a Web site that offered pirated albums. The Recording Industry Assn. of America filed the precedent-setting suit last week in U.S. District Court in Manhattan seeking a federal injunction directing Sprint Corp., AT&T Broadband, UUNet Technologies Inc., and Cable & Wireless to redirect Internet traffic to and from China-based Listen4Ever.com.
BUSINESS
July 11, 1996 | PATRICE APODACA, TIMES STAFF WRITER
Joining a stampede of major telephone companies into the burgeoning Internet business, GTE Corp. said Wednesday that it will begin offering Internet access services across much of the nation. Stamford, Conn.-based GTE, the nation's largest local phone service provider, said it will allow customers in more than 250 cities in 46 states to hook up to the Internet through an agreement with Uunet Technologies Inc., a leading Internet access provider. Terms of the deal were not disclosed.
BUSINESS
May 1, 1996 | JUBE SHIVER Jr., TIMES STAFF WRITER
In the first acquisition by a sizable local phone company of a major Internet access provider, MFS Communications Co. said Tuesday that it has agreed to pay $2 billion for Uunet Technologies Inc. The planned purchase by upstart phone carrier MFS, based in Omaha, will broaden the market for advanced telephone and Internet services targeted at large businesses.
BUSINESS
May 1, 1996 | TOM PETRUNO
New stock issues rarely vanish from the market as quickly as Uunet Technologies plans to: The Internet-access provider, which went public last May 25, on Tuesday agreed to a $2-billion takeover offer from business phone services company MFS Communications. MFS's stock-swap offer values Uunet at nearly $62 a share, sending its stock up $10.50 to $58.75 on Nasdaq on Tuesday. That's a decent takeover premium, but it still may leave plenty of Uunet owners unhappy: Some of them paid as much as $98.
BUSINESS
January 14, 1995 | Times Staff and Wire Reports
Microsoft Details Internet Plans: The software company said it will buy a minority stake in Falls Church, Va.-based Uunet Technologies Inc., a major provider of access to the Internet computer network. Separately, Microsoft Corp. said it has licensed a popular Internet browsing software called Mosaic from Spyglass Inc. of Naperville, Ill.
BUSINESS
February 20, 1997 | Times Staff and Wire Reports
The state of Indiana sued tobacco companies, becoming the 22nd state to attempt to recoup money spent treating smoking-related illnesses. . . . The Federal Reserve Board approved rules that will make it easier for banks to offer new products and acquire other financial institutions. . . . UUNet Technologies Inc. said it will spend $300 million this quarter to expand its capability because of surging Internet traffic. . . . USAir Group Inc. said it won't buy British Airways' 24.
ENTERTAINMENT
May 3, 1996 | Times Staff and Wire Reports
Regulators Probe Unusual Trades in Uunet Shares: The National Assn. of Securities Dealers and the Chicago Board Options Exchange have launched a joint investigation into unusual trading in advance of the announcement this week that Omaha-based MFS Communications Co. would acquire Fairfax, Va.-based Uunet Technologies Inc., regulatory sources said. Unusually active trading in Uunet shares drove the stock higher just before the deal was announced.
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