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No matter what your feelings are about the Olympics, it is hard to deny that they have increased interest in sport a great deal. This year, we will not only have enjoyed another disappointing run from our national football team, but also another nail biting year of Wimbledon and a whole array of different sporting initiatives set up across the country to promote and increase interest in the Olympics.


Now that the Olympics are upon us Cheap Jordan Legacy 312 , it is wise for businesses to understand just what this could mean for them. Almost any business can capitalise on the higher interest in sport, and it is worth noting that the many ongoing initiatives are likely to mean that the increased interest in sport is not just a short-term thing, but instead something that continues for a good long while.


For any industry that has any links to sport in any way, this means it is the perfect time to increase that focus on sport or to look to attract more people. For gyms and leisure centres, membership is likely to rise considerably over the next couple of months Cheap Jordan Future , and businesses need to be ready to attract as many people as possible as a result.


Current Situation:


As of this writing, the MCI Board of Governors has given Verizon Communications Inc. one week to sweeten their $7.5 billion offer, otherwise they have no choice but to accept Qwest Communications? $9.74 billion offer to purchase MCI Inc. If the Board does not receive a counter offer from Verizon Communications by May 3, 2005, then it will recommend its shareholders vote for Qwest's offer. From all accounts (Noguchi Washington Post Cheap Jordan Flyknit Elevation , 4242005), Verizon is a stronger and more stable company with $71.3 billion versus $13.8 in 2004 revenue, 210,000 employees versus 42,000. Qwest carries more than $17 billion in debt and it plans to reduce its costs by $15 billion by cutting 15 Cheap Jordan Defy SP ,000 employees after the merger while Verizon plans to cut about 7,000 jobs.


The Problem:


The question is: Can Qwest Communications break all rules of successful mergers and still survive? The driving force behind Qwest's acquisition is the 60-70 percent of MCI shareholders, which consists of hedge fund investors (a group of super rich investors) with a strong interest in quick return on their investments. Since MCI just came out of bankruptcy, the bank creditors are not going to benefit with Qwest's plan to cut 17,000 jobs and it is going to be very difficult to keep key employees. When key employees depart for other companies it is highly likely that customer service will suffer leading many of them to change their service providers. It is also feasible that Verizon could use its financial resources to build new networks to attract MCI's corporate customers located in the Northeast region where it does business.


D?j? Vu:


MCI has been here before. The year was 1997 and British Telecom (BT) was ready to acquire MCI for $2. Cheap Jerseys Free Shipping Cheap Jerseys Wholesale Cheap NBA Jerseys Cheap MLB Jerseys Cheap Soccer Jerseys Wholesale Cheap NFL Jerseys China Cheap Authentic NHL Jerseys Cheap NFL Jerseys Free Shipping Wholesale Jerseys From China Cheap College Hockey Jerseys Cheap