MCI Issues Monthly Operating Results, Comments on CAPEX Trend

MCI recorded $2.03 billion in revenue for February and $2.1 billion for March. Operating income was $44 million in February and $84 million in March. MCI’s capital expenditures for February were $36 million, including $18 million for PP&E and $18 million for related software. Capital expenditures for March were $51 million, including $18 million for PP&E and $33 million for related software. The company said it is comfortable with the projected capital spending levels on its core IP backbone, and that it would try to gain efficiencies by consolidating legacy networks, eliminating redundant systems and standardizing its billing systems.
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