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As filed with the Securities and Exchange Commission on April 1, 1996.
Registration No. 333-____________
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SECURITIES AND EXCHANGE COMMISSION
Washington D.C.
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FORM S-8
Registration Statement
Under the Securities Act of 1933
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WorldCom, Inc. (f/k/a LDDS Communications, Inc.)
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(Exact name of registrant as specified in its charter)
Georgia 58-1521612
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(State or other jurisdiction (I.R.S. Employer
of incorporation or organization) Identification No.)
515 East Amite Street
Jackson, Mississippi 39201-2702
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(Address of Principal Executive Offices) (Zip Code)
LDDS WorldCom 401(k) Plan (F/K/A LDDS Salary Savings Plan)
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(Full title of the plan)
P. Bruce Borghardt, Esq.
WorldCom, Inc.
10777 Sunset Office Drive
Suite 330
St. Louis, Missouri 63127
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(Name and address of agent for service)
(314) 984-0702
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(Telephone number, including area code, of agent for service)
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<TABLE>
CALCULATION OF REGISTRATION FEE
<CAPTION>
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Proposed Proposed
Title of Amount maximum maximum Amount of
securities to be offering price aggregate offering registration
to be registered <F1> registered per share <F2> price <F2> fee
- ---------------------------- ------------------ ------------------ ------------------ ------------------
<S> <C> <C> <C> <C>
Common stock $0.01 par value 750,000 shares<F3> $43.6875 $32,765,625 $11,299
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<FN>
<F1> Pursuant to Rule 416(c) under the Securities Act of 1933, this registration statement also covers an
indeterminate amount of interests to be offered or sold pursuant to the employee benefit plan
described herein.
<F2> Computed pursuant to Rule 457(h) solely for the purpose of determining the registration fee.
Proposed maximum offering price represents the average of the high and low prices for shares of
common stock reported on the Nasdaq National Market on March 25, 1996.
<F3> This Registration Statement also covers such additional shares of common stock as may be issuable
pursuant to antidilution provisions.
</TABLE>
This Registration Statement registers additional securities of the
same class as other securities for which a registration statement filed on this
form relating to the same employee benefit plan is effective. Consequently,
pursuant to General Instruction E of Form S-8, the contents of the Registration
Statement on Form S-8 filed by WorldCom, Inc. (f/k/a LDDS Communications, Inc.)
(the "Company") and the LDDS WorldCom 401(k) Plan (f/k/a LDDS Salary Savings
Plan) (the "Plan") on November 9, 1993, Registration No. 33-71450, are
incorporated by reference into this Registration Statement.
Item 8. Exhibits
The Registrant has submitted the plan and any amendment thereto to the
Internal Revenue Service ("IRS") in a timely manner and has made or
will make all changes required by the IRS in order to qualify the
plan.
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the
registrant certifies that is has reasonable grounds to believe that it meets
all the requirements for filing on Form S-8 and has duly caused this
Registration Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Jackson, State of Mississippi on April 1, 1996.
WorldCom, Inc.
By: /s/ Scott D. Sullivan
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Scott D. Sullivan
Chief Financial Officer
POWER OF ATTORNEY
Each person whose signature appears below hereby constitutes and
appoints Bernard J. Ebbers, Scott D. Sullivan and P. Bruce Borghardt, and each
of them (with full power to each of them to act alone), his true and lawful
attorneys in fact and agents for him and on his behalf and in his name, place
and stead, in any and all capacities to sign any and all amendments (including
post-effective amendments) to this Registration Statement, and to file the
same, with exhibits and any and all other documents filed with respect thereto,
with the Securities and Exchange Commission (or any other governmental or
regulatory authority), granting unto said attorneys, and each of them, full
power and authority to do and to perform each and every act and thing requisite
and necessary to be done in and about the premises in order to effectuate the
same as fully to all intents and purposes as he himself might or could do if
personally present, hereby ratifying and confirming all that said attorneys in
fact and agents, or any of them, may lawfully do or cause to be done by virtue
hereof.
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
Name Title Date
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/s/ Carl J. Aycock Director April 1, 1996
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Carl J. Aycock
/s/ Max E. Bobbitt Director April 1, 1996
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Max E. Bobbitt
/s/ Bernard J. Ebbers Director, President and April 1, 1996
- ------------------------------ Chief Executive Officer
Bernard J. Ebbers
/s/ Francesco Galesi Director April 1, 1996
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Francesco Galesi
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Name Title Date
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/s/ Stiles A. Kellett, Jr. Director April 1, 1996
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Stiles A. Kellett, Jr.
/s/ Silvia Kessel Director April 1, 1996
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Silvia Kessel
/s/ John W. Kluge Director April 1, 1996
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John W. Kluge
Director April 1, 1996
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John A. Porter
/s/ Stuart Subotnick Director April 1, 1996
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Stuart Subotnick
/s/ Scott D. Sullivan Director, Secretary, and April 1, 1996
- ------------------------------ Chief Financial Officer,
Scott D. Sullivan (Principal Financial Officer
and Principal Accounting
Officer
/s/ Lawrence C. Tucker Director April 1, 1996
- ------------------------------
Lawrence C. Tucker
/s/ Roy A. Wilkens Director, Chief Executive April 1, 1996
- ------------------------------ Officer, WilTel
Roy A. Wilkens
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The Plan. Pursuant to the requirements of the Securities Act of 1933,
the Plan has duly caused this Registration Statement to be signed on its behalf
by the undersigned, thereunto duly authorized, in the City of Jackson, State of
Mississippi, on April 1, 1996.
LDDS WorldCom 401(k) Plan
By: /s/ Scott D. Sullivan
---------------------------------
Scott D. Sullivan
Trustee
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EXHIBIT INDEX
Exhibit Number Description
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23.1 Consent of Arthur Andersen LLP
23.2 Consent of Deloitte & Touche LLP
23.3 Consent of Ernst & Young LLP
24.1 Power of Attorney (included in Signature Pages)
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Exhibit 23.1
CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS
As independent public accountants, we hereby consent to the incorporation by
reference in this registration statement on Form S-8, to be filed on or around
April 1, 1996, relating to the registration of approximately 750,000 shares of
WorldCom, Inc. common stock for the LDDS WorldCom 401(k) Plan, of our report
dated March 6, 1996, included in WorldCom, Inc.'s Form 10-K for the year ended
December 31, 1995 and to all references to our Firm in this registration
statement.
/S/ ARTHUR ANDERSEN LLP
Jackson, Mississippi,
April 1, 1996
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Exhibit 23.2
INDEPENDENT AUDITOR'S CONSENT
We consent to the incorporation by reference in this Registration Statement of
WorldCom, Inc. and Subsidiaries ("WorldCom") on Form S-8 of our report dated
March 7, 1994 on the consolidated financial statements of IDB Communications
Group, Inc. appearing in the Annual Report of WorldCom for the year ended
December 31, 1995.
/S/ Deloitte & Touche LLP
Los Angeles, California
April 1, 1996
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Exhibit 23.3
CONSENT OF INDEPENDENT AUDITORS
We consent to the incorporation by reference in the Registration Statement
No. 33-71450 on Form S-8 of WorldCom, Inc. (f/k/a LDDS Communications, Inc.) of
our reports dated July 29, 1994 and August 16, 1994, with respect to the
combined financial statements of WilTel Network Services for the two years
ended December 31, 1993 and six months ended June 30, 1994 included in the
Current Report on Form 8-K of LDDS Communications, Inc. dated August 22, 1994
filed with the Securities and Exchange Commission.
/S/ ERNST & YOUNG LLP
Tulsa, Oklahoma
April 1, 1996
