MCI WORLDCOM INC
SC 13G, 1999-02-12
TELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE)
Previous: MCI WORLDCOM INC, SC 13D/A, 1999-02-12
Next: CENDANT CORP, SC 13G/A, 1999-02-12






                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                  ------------

                                  SCHEDULE 13G
                                 (Rule 13d-102)

             INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
          TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED
                              PURSUANT TO 13d-2(b)

                                   Verio Inc.
                   -------------------------------------------
                                (Name of Issuer)

                     Common Stock, par value $.001 per share
                   -------------------------------------------
                         (Title of Class of Securities)

                                   923433 10 6
                   -------------------------------------------
                                 (CUSIP Number)

                                December 31, 1998
                   -------------------------------------------
             (Date of Event Which Requires Filing of the Statement)

     Check the  appropriate  box to  designate  the rule  pursuant to which this
schedule is filed:

                  [   ]     Rule 13d-1(b)

                  [   ]     Rule 13d-1(c)

                  [ x ]     Rule 13d-1(d)


     *The  remainder  of this cover  page  shall be filled  out for a  reporting
person's  initial  filing on this  form with  respect  to the  subject  class of
securities,  and for any subsequent amendment containing information which would
alter the disclosures  provided in a prior cover page. 

     The  information  required in the remainder of this cover page shall not be
deemed to be "filed"  for the purpose of Section 18 of the  Securities  Exchange
Act of 1934 ("Act") or otherwise  subject to the  liabilities of that section of
the Act but shall be subject to all other  provisions of the Act  (however,  see
the Notes).
<PAGE>

CUSIP No.  923433 10 6            SCHEDULE 13G                 Page 2 of 6 Pages


================================================================================
1.       NAMES OF REPORTING PERSONS
         S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS

         MCI WORLDCOM, Inc.         58-1521612
- --------------------------------------------------------------------------------

2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                (a) [ ]
                                                                         (b) [ ]
- --------------------------------------------------------------------------------
3.       SEC USE ONLY

- --------------------------------------------------------------------------------
4.       CITIZENSHIP OR PLACE OF ORGANIZATION

         Georgia
- --------------------------------------------------------------------------------
                        5.      SOLE VOTING POWER:              5,369,131 shares
NUMBER OF SHARES        --------------------------------------------------------
BENEFICIALLY            6.      SHARED VOTING POWER             0
OWNED BY EACH           --------------------------------------------------------
REPORTING               7.      SOLE DISPOSITIVE POWER          5,369,131 shares
PERSON WITH             --------------------------------------------------------
                        8.      SHARED DISPOSITIVE POWER        0
- --------------------------------------------------------------------------------
9.      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

        5,369,131 shares
- --------------------------------------------------------------------------------
10.     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
- --------------------------------------------------------------------------------
11.     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

        15.9% See Item 4(b).
- --------------------------------------------------------------------------------
12.     TYPE OF REPORTING PERSON

        CO
================================================================================

<PAGE>

CUSIP No.  923433 10 6            SCHEDULE 13G                 Page 3 of 6 Pages


================================================================================
1.       NAMES OF REPORTING PERSONS
         S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS

         Brooks Fiber Properties, Inc.         43-1656187
- --------------------------------------------------------------------------------

2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                (a) [ ]
                                                                         (b) [ ]
- --------------------------------------------------------------------------------
3.       SEC USE ONLY

- --------------------------------------------------------------------------------
4.       CITIZENSHIP OR PLACE OF ORGANIZATION

         Delaware
- --------------------------------------------------------------------------------
                        5.      SOLE VOTING POWER:              5,369,131 shares
NUMBER OF SHARES        --------------------------------------------------------
BENEFICIALLY            6.      SHARED VOTING POWER             0
OWNED BY EACH           --------------------------------------------------------
REPORTING               7.      SOLE DISPOSITIVE POWER          5,369,131 shares
PERSON WITH             --------------------------------------------------------
                        8.      SHARED DISPOSITIVE POWER        0
- --------------------------------------------------------------------------------
9.      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

        5,369,131 shares
- --------------------------------------------------------------------------------
10.     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
- --------------------------------------------------------------------------------
11.     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

        15.9% See Item 4(b).
- --------------------------------------------------------------------------------
12.     TYPE OF REPORTING PERSON

        CO
================================================================================


<PAGE>

CUSIP No.  923433 10 6            SCHEDULE 13G                 Page 4 of 6 Pages


Item 1(a).        Name of Issuer:

                  Verio Inc.

Item 1(b).        Address of Issuer's Principal Executive Offices:

                  800 South Chester Street
                  Suite 200
                  Englewood, Colorado 80112

Item 2(a).        Name of Person Filing:

                  This  statement is filed by and on behalf of (a) MCI WORLDCOM,
                  Inc., a Georgia corporation,  and (b) Brooks Fiber Properties,
                  Inc., a Delaware corporation.

Item 2(b).        Address of Principal Business Office or, if None, Residence:

                  MCI WORLDCOM, Inc.
                  515 East Amite Street
                  Jackson, Mississippi  39201-2702

                  Brooks Fiber Properties, Inc.
                  515 East Amite Street
                  Jackson, Mississippi  39201-2702

Item 2(c).        Citizenship:

                  MCI WORLDCOM, Inc.:                Georgia

                  Brooks Fiber Properties, Inc.:     Delaware

Item 2(d).        Title of Class of Securities:

                  Common Stock, $.001 par value per share

Item 2(e).        CUSIP Number:

                  923433 10 6

Item 3.           If This Statement is  Filed  Pursuant  to  Rules  13d-1(b), or
                  13d-2(b), Check Whether the Person Filing is a:

                  Not applicable

<PAGE>

CUSIP No.  923433 10 6            SCHEDULE 13G                 Page 5 of 6 Pages


Item 4.  Ownership.

               (a)  Amount beneficially owned:

                    5,369,131 shares as of December 31, 1998, including warrants
                    to acquire 704,160 shares of Common Stock.

               (b)  Percent of class:

                    15.9%, based on 33,146,010 shares outstanding as of December
                    31,  1998,  as  reported  to the  Reporting  Persons  by the
                    Issuer,  and  treating  the 704,160  shares of Common  Stock
                    underlying  the  warrants as having been issued for purposes
                    of computing this percentage.

               (c)  Number of shares as to which such person has:

               (i)  Sole power to vote or to direct the vote:

                    5,369,131 shares

               (ii) Shared power to vote or to direct the vote:

                    0 shares

               (iii) Sole power to dispose or to direct the disposition of:

                     5,369,131 shares

               (iv) Shared power to dispose or to direct the disposition of:

                    0 shares

Item 5.   Ownership of Five Percent or Less of a Class.

          Not applicable

Item 6.   Ownership of More than Five Percent on Behalf of Another Person.

          Not applicable

Item 7.   Identification and Classification of the Subsidiary Which Acquired the
          Security Being Reported on by the Parent Holding Company.

          Not applicable

<PAGE>

CUSIP No.  923433 10 6            SCHEDULE 13G                 Page 6 of 6 Pages


Item 8.   Identification and Classification of Members of the Group.

          Not applicable

Item 9.   Notice of Dissolution of Group.

          Not applicable

Item 10.  Certification.

          Not applicable

     The  undersigned  hereby agree to jointly  file this  statement on Schedule
13G,  together  with  any  amendments  thereto,  with  the SEC  pursuant  to the
requirements  of Rule  13d-1  under  the  Securities  Exchange  Act of 1934,  as
amended.

                                    SIGNATURE

     After reasonable inquiry and to the best of my knowledge and
belief,  I certify  that the  information  set forth in this  statement is true,
complete and correct.

                                          February 12, 1999


                                          MCI WORLDCOM, Inc.


                                          By /s/ Scott D. Sullivan 
                                          --------------------------------------
                                          Scott D. Sullivan
                                          Secretary and Chief Financial Officer



                                          Brooks Fiber Properties, Inc.



                                          By  /s/ Scott D. Sullivan
                                          --------------------------------------
                                          Scott D. Sullivan
                                          Secretary and Chief Financial Officer





© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission