MCI to work towards Verizon deal

The chief executive of MCI Inc. said Friday the company would "do our utmost" to close its $6.75 billion deal with Verizon Communications Inc. in a timely fashion.

MCI CEO Michael Capellas touted the Verizon deal in a conference call with analysts to discuss the company's fourth-quarter earnings. MCI executives also said there was no exact timing for the board of directors to review a revised $8 billion offer from Qwest Communications International Inc. Qwest submitted its updated offer on Thursday.