WORLDCOM INC /MS/
10-C, 1996-07-12
TELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE)
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<PAGE>   1
                      SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, DC  20549

                                  FORM 10-C

               REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
                         INTERDEALER QUOTATION SYSTEM
                 FILED PURSUANT TO SECTION 13 OR 15(d) OF THE
               SECURITIES EXCHANGE ACT OF 1934 AND RULE 13a-17
                             OR 15d-17 THEREUNDER


EXACT NAME OF ISSUER AS SPECIFIED IN CHARTER:    WORLDCOM, INC.
                                             -----------------------------------

ADDRESS OF PRINCIPAL EXECUTIVE OFFICES: 515 EAST AMITE STREET
                                        JACKSON, MISSISSIPPI 39201-2702   
                                       -----------------------------------------

ISSUER'S TELEPHONE NUMBER, (INCLUDEING AREA CODE): (601) 360-8600
                                                  ------------------------------


I. CHANGE IN NUMBER OF SHARES OUTSTANDING

Indicate any changes (increase or decrese) of five percent or more in the
number of shares outstanding:


1.  Title of security  Common Stock, par value $.01 per share
                     -----------------------------------------------------------

2.  Number of shares outstanding before the change   197,976,944
                                                  ------------------------------

3.  Number of shares outstanding after the change    395,953,888
                                                 -------------------------------

4.  Effective date of change                         July 3, 1996
                            ----------------------------------------------------

5.  Method of change                                 Stock dividend
                    ------------------------------------------------------------
Specify method (such as merger, acquisition, exchange, distribution, stock
split, reverse split, acquisition of stock for treasury, etc.) 
                                                              
Give brief description of transaction 

Two-for-one stock split effected in the form of a one hundred percent (100%)
stock dividend distributed on July 3, 1996 for shareholders of record on June
6, 1996.
- --------------------------------------------------------------------------------


II. CHANGE IN NAME OF ISSUER

1.   Name prior to change
                         -------------------------------------------------------

2.   Name after change
                      ----------------------------------------------------------

3.   Effective date of charter amendment changing name
                                                      --------------------------

4.   Date of shareholder approval of change, if required
                                                        ------------------------

Date   July 12,1996                                /s/ SCOTT D. SULLIVAN
    ----------------------------------       -----------------------------------
                                                   Chief Financial Officer
                                               (Officer's signature and title)


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