MCI communications corporations face a great need for external financing to support rapid growth and considerable uncertainty due to the AT & T antitrust settlement. The case illustrates the value of convertible debt as a financial instrument in these circumstances. "Hide
by Bruce C. Greenwald, Wilda L. White Source: HBS Premier Case Collection 14 pages. Publication Date: March 15, 1984. Prod. #: 284057-PDF-ENG