IDT Seeking to Buy WorldCom Units

IDT (IDT Quote) announced Tuesday it was making offers for several units of battered telco WorldCom(WCOME Quote).

IDT has forwarded to WorldCom CEO John Sidgmore a proposal to acquire its MFS and Brooks Fiber units and its MCI consumer and small business long-distance units for what IDT said was a total of $5 billion.

Like MCI, the Brooks Fiber and MFS units were acquired in WorldCom's acquisition spree in the late 1990s. WorldCom paid nearly $3 million for Brooks, which provides telephone services for businesses. MFS, acquired for $12 billion, is a leading carrier of Internet data. ...