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MCI became a holding company of  [[Verizon]] after an $ 8.5 billion merger transaction in 2006. Verizon Business was formed as a new business unit of Verizon. <ref>[http://www.infoworld.com/t/communication-and-collaboration/verizon-and-mci-close-merger-037 infoworld.com]</ref> At present, the MCI logo still exist on the mci.com website but any customer will be redirected to the verizonbusiness.com website upon clicking any product or services offered.
 
MCI became a holding company of  [[Verizon]] after an $ 8.5 billion merger transaction in 2006. Verizon Business was formed as a new business unit of Verizon. <ref>[http://www.infoworld.com/t/communication-and-collaboration/verizon-and-mci-close-merger-037 infoworld.com]</ref> At present, the MCI logo still exist on the mci.com website but any customer will be redirected to the verizonbusiness.com website upon clicking any product or services offered.
 
==MCI and ICANN==
 
==MCI and ICANN==
In August 1999, MCI provided a $500,000 loan to [[ICANN]] along with [[Cisco Systems]], which provided $150,000 to the organization, after they were designated to help phase out the monopoly and increase competition in the registration of domain names, to reorganize the allocation of [[IP Address|Internet Protocol addresses]], management of the Internet's root servers, and the assignment of protocol parameters.<ref>[http://news.cnet.com/MCI,-Cisco-come-to-ICANNs-rescue/2100-1023_3-230097.html]</ref>  
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In August 1999, MCI provided a $500,000 loan to [[ICANN]] along with [[Cisco Systems]], which provided $150,000 to the organization, after they were designated to help phase out the government contractors domain name registration monopoly, to increase competition in the registration of domain names, to reorganize the allocation of [[IP Address|Internet Protocol addresses]], management of the Internet's root servers, and the assignment of protocol parameters.<ref>[http://news.cnet.com/MCI,-Cisco-come-to-ICANNs-rescue/2100-1023_3-230097.html]</ref>  
    
According to then ICANN interim president and chief executive, [[Mike Roberts]], the loan was part of the international initiative to provide temporary financial support to the organization until permanent funding was put in place.
 
According to then ICANN interim president and chief executive, [[Mike Roberts]], the loan was part of the international initiative to provide temporary financial support to the organization until permanent funding was put in place.
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