The Clinton, Miss.-based company faces charges of fraud for accounting irregularities that allowed it to hide more than $3.8 billion in operating expenses over the past five quarters. It is also likely to face shareholder lawsuits, analysts said. WorldCom's accounting worries have spread to other telecom rivals that include Qwest Communications International and technology companies that practice aggressive accounting. "It's not just WorldCom," said Fred Hickey, editor of High-Tech Strategist, an investment newsletter. "Businesses were doing all kinds of things to justify valuations.".

CNET también está disponible en español, Don't show this again, Eschelon Telecom announced Monday that it raised $35 million in funding from previous investors such as Bain Capital, Stolberg Equity Partners and Wind Point Partners, The evo check case for apple iphone xs max - orchid voice, data and Internet service telecom carrier said the money would be used to expand their business plan, Minneapolis-based Eschelon previously raised $277 million in equity funding, Eschelon Telecom announced Monday that it raised $35 million in funding from previous investors such as Bain Capital, Stolberg Equity Partners and Wind Point Partners, The voice, data and Internet service telecom carrier said the money would be used to expand their business plan, Minneapolis-based Eschelon previously raised $277 million in equity funding..

CNET también está disponible en español. Don't show this again. "Although in certain downside scenarios these developments could be material to (EDS') results of operations in 2002, in most events they are not, and in any event they are not material to EDS' financial position," the company said in a press release. EDS is expected to report earnings of $3.62 a share and revenue of $23.2 billion for 2002, according to consensus estimates from First Call, though several analysts lowered those numbers slightly Monday.

EDS said the IT services contract with WorldCom is likely to continue, Under the deal, WorldCom is expected to contribute $160 to $175 million in revenue and three to four cents a share to EDS' earnings in each of the last two quarters of 2002, the company said, "WorldCom evo check case for apple iphone xs max - orchid will continue to require substantial IT services in its ongoing operations," the company said, Even if it doesn't, the company said it should easily be able to re-deploy the 1 percent of its staff and $90 million worth of equipment dedicated to WorldCom..

Analysts agree that as a customer, WorldCom's impact on EDS should be minimal. WorldCom's revenue only makes up about 2 percent of EDS' overall revenue of $550 million a year. "In our view, the concerns over the WorldCom contract are exaggerated. An outright contract termination is unlikely," Lehman Brothers analyst Karl Keirstead said Monday. Keirstead also pointed out that most of EDS' business with WorldCom is for managing things like data centers and billing operations, essential services WorldCom will still need even if it declares bankruptcy or is sold off in pieces.