Quick Link To ======> MFS Homepage 1995 MFS Annual Report Investor Relations 1996 First Quarter Results 1996 Second Quarter Results 1996 Third Quarter Results Products & Services MFS in the News February 1997 Press Releases Site Map MFS Intelenet MFS International MFS Network Technologies MFS Telecom MAE Services The Internet Redefined

UUNET Technologies, Inc., merged with MFS in August 1996 to create one of the world's premier business communications companies. The combined company is the only Internet Service Provider to own or control fiber optic local loop, intercity and undersea facilities in the United States as well as the United Kingdom, France and Germany. UUNET was founded in 1987 and continues to operate under the UUNET name. It was the first company to offer Internet service commercially and is recognized today as the world's largest Internet Service Provider. Most of UUNET's 22,000 customers require high-speed commercial-grade Internet connections to support their high volume and diverse services. The combination of MFS' international high-bandwidth network platform and UUNET's industry leadership as an ISP puts the Company in a strong position to benefit from the accelerating shift to Internet-based communications.

MFS' operating groups fall into three business segments: Telecommunications Services, encompassing MFS North America, MFS International and the Global Network Services Company; Internet Services, through UUNET Technologies; and Network Systems Integration Services, through MFS Network Technologies.

MFS became a public company in 1993. It's common stock is traded on the Nasdaq National Market under the symbol MFST. It's Internet address is www.mfst.com.

Note: On August 26, 1996, MFS and WorldCom, Inc. announced a definitive agreement and plan of merger. The combined company will be known as MFS WorldCom, Inc. Following necessary regulatory and shareholder approvals, the merger is expected to be completed in four to eight months.

• 1995 Revenue: $583.2 million
• Sent out first bill in 1989 for $1,000
• Formed with just 20 employees in 1987, MFS now has nearly 5,000 employees in U.S. and Europe
• Services in operation or development in 52 metropolitan areas, including 45 U.S. MSAs and 7 international financial centers.
• 745 Internet Points of Presence (451 outside of the U.S.)

• 3,677 route miles of fiber
• 250,082 fiber miles
• 11,033 buildings connects
• 5,008,909 circuits in service

• MFS North America, Oakbrook Terrace, Illinois - is structured to serve the needs of all sizes of business and government organizations. Through this operating company, MFS Telecom offers local private line, special access digital communications services, advanced high speed ATM-based data communications services, and a suite of switched services, all running over MFS' fiber optic networks in major metropolitan business centers throughout the United States. Through MFS Intelenet, the operating company also provides local and long distance service, equipment and equipment maintenance and a variety of enhanced services, including voice mail, calling card, 800/888 number services, customized billing and management reports and telemanagement services. This group currently has services being provided or in development in 46 metropolitan areas in North America. In addition to being a leading Competitive Access Provider (CAP), MFS North America provides customers with national and international services available at a price/performance that saves money, improves quality and provides greater security than the traditional alternatives.

• MFS International, Inc., Vienna, Virginia - was created in part to take advantage of MFS' large multinational customer base. MFS International's subsidiary, MFS Communications Limited, was granted a national public telecommunications operator license in the United Kingdom in September 1993. The company has been providing telecommunications services to London-based business and government users since mid-1994. MFS International has metropolitan areas in operation or development in Frankfurt, Hong Kong, London, Mexico City, Paris, Stockholm, and Zurich. MFS International is also exploring other international development opportunities.

• Global Network Services Company, Westmont, Illinois - manages MFS' international network platform. Encompassing more than 1,000 MFS employees, Global Network Services' primary function is to make sure MFS continues to offer unsurpassed network reliability and customer service. Global Network Services focuses on network operations, MFS engineering, provisioning and support systems, as well as future network requirements.

• UUNET Technologies, Inc., Fairfax, Virginia - targets its services exclusively to the business market. The Company is a leading supplier of Internet access options, applications and consulting services to businesses, professionals and on-line service providers. UUNET's services include a wide range of network access options; turn-key World Wide Web server hosting and content development; front-end client and LAN software options; a line of security products; and network integration and consulting services.

• MFS Network Technologies, Inc., Omaha, Nebraska - designs, develops and manages the installation of MFS' fiber optic networks and network expansions. MFS Network Technologies also provides development, design and engineering, project management, construction and support of networks and systems for third parties. The company is a nationally recognized leader in systems integration. MFS Network Technologies' systems integration services are marketed to the communications industry, toll operators and authorities, cable operators, government agencies and large corporations worldwide.

John W. Sidgmore
President and Chief Operating Officer
MFS Communications Company, Inc.
Mr. Sidgmore is President and Chief Operating Officer of the company and serves as Chief Executive Officer of UUNET Technologies. Mr. Sidgmore had been President and Chief Executive Officer of UUNET since 1994. Prior to this he was President and Chief Executive Officer of CSC Intelicom since 1989. For fourteen years previous to his association with Intelicom, Mr. Sidgmore was with General Electric Information Services, most recently as Vice President and General Manger of GEIS North America. Mr. Sidgmore received his BA in Economics from the State University of New York.

R. Douglas Bradbury
Executive Vice President and Chief Financial Officer
MFS Communications Company, Inc.
Mr. Bradbury is Executive Vice President and Chief Financial Officer of the company. Formerly, Mr. Bradbury was Senior Vice President-Corporate Affairs for MFS Telecom. Before joining the company, he was Executive Vice President and Chief Operating Officer at American Pioneer Telephone, Inc., a regional long distance carrier based in Orlando, Florida, and a Vice President of Manufacturers Hanover Trust Company in New York City and Milan, Italy.

Royce J. Holland
Vice Chairman
MFS Communications Company, Inc.
Mr. Holland is a Director and Vice Chairman of the company. Before joining the company, Mr. Holland held various management positions with Energy Factors, Inc., an independent power company based in San Diego, California and Morrison-Knudsen Corporation. Mr. Holland is a Director of KDG. In January 1993, President George Bush appointed Mr. Holland to the National Security Telecommunications Advisory Committee.

Ronald R. Beaumont
President and Chief Executive Officer
MFS North America
Mr. Beaumont is President and Chief Executive Officer of MFS North America. Previously he was President and Chief Executive Officer of MFS Telecom. He joined MFS Telecom as Senior Vice President of Operations and Engineering and had general management responsibilities over MFS Telecom's Southern Division, comprising seven metropolitan area networks. Before joining MFS Telecom, Mr. Beaumont was Executive Vice President of a Washington DC based CAP prior to its acquisition by MFS Telecom.

Kevin P. Moersch
President and Chief Executive Officer
MFS Network Technologies, Inc.
Mr. Moersch is President and Chief Executive Officer of MFS Network Technologies. Before joining MFS Network Technologies, he was Vice President of Core-Mark International, Inc., a Canadian distribution holding company, and Chief Executive Officer of ASI Telesystems, Inc. and other Core-Mark subsidiaries. He joined MFS in 1991, when MFS Network Technologies became an MFS Operating Company.

Kevin J. O'Hara
President and Chief Executive Officer
Global Network Services Company
Mr. O'Hara is President and Chief Executive Officer of Global Network Services Company. He joined MFS in 1990 and has held positions of President, MFS Development and Vice President, Strategic Development, Network Services and Engineering/Construction. Mr. O'Hara received his bachelor's degree in electrical engineering from Drexel University. He came to MFS from Peter Kiewit Sons', Inc.

Kirby G. Pickle
President and Chief Operating Officer
UUNET Technologies, Inc.
Mr. Pickle is President and Chief Operating Officer of UUNET Technologies, Inc. Previously, he was President and Chief Executive Officer of MFS Intelenet and Senior Vice President of Sales and Marketing of MFS Telecom, and had general management responsibilities over MFS Telecom's Northern Division, comprising six metropolitan area networks. Prior to joining MFS Telecom in 1991, he was Vice President of Marketing/Business Development for Sprint Corporation.

Colin V. K. Williams
President and Chief Executive Officer
MFS International, Inc.
Mr. Williams is President and Chief Executive Officer of MFS International, Inc. From October 1988 to June 1992, Mr. Williams was a Corporate Director of British Telecom responsible for international business development. Mr. Williams held various other positions at British Telecom from 1982 to 1992, when he joined MFS.

MFS Communications Company, Inc., is a leading provider of communications services for business and government. To maintain and strengthen our leadership position in this growing field, we are seeking highly motivated professionals who:

• Possess strong entrepreneurial instincts
• Thrive in a rapidly changing, dynamic work environment
• Are passionate about customer service
• Believe that trust is an asset
• Value teamwork and a spirit of cooperation
• Creatively self-manage solutions

We are building our "people" policies and corporate culture around three fundamental principles:

• Speed -- a strong sense of urgency is critical for success
• Flexibility -- recognizing that a "one size fits all" approach doesn't make sense for today's workforce
• Diversity -- we value the talents and life experience of each person worldwide
  

To stay competitive in today's fast-paced marketplace, MFS expects a lot from our employees. In return, we reward employees' strong performance by linking compensation, whenever possible, to company performance. This "success-based" compensation means that, in addition to base salary, employees are eligible for short-term incentives, like bonus or commission, and long-term incentives, like our unique company stock plans, that allow for individual wealth accumulation.

Sharing responsibility, sharing ownership, sharing hard work and the success that comes from it. As owners of MFS stock, we believe that our employees are motivated to outperform and outcompete the nonowners of our competitors.

MFS also offers an excellent, flexible benefits package that offers value and personal choice.

We are growing rapidly throughout the world, so we have an insatiable thirst for talented people. With our corporate team plus six operating companies, there are ample career opportunities within the MFS organization.