3 Win Federal Telecom Contract ; Government Will Spend Up to $48 Billion On Services in Next 10 Years

Summary


WASHINGTON - AT&T, Qwest Communications and Verizon on Thursday were awarded the government's largest telecommunications contract ever, a 10-year deal worth up to $48 billion.

The contract winners, who beat out Sprint Nextel Corp., now have to compete with each other for the various telecom needs of dozens of federal agencies, the General Services Administration announced.

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Extract


3 Win Federal Telecom Contract ; Government Will Spend Up to $48 Billion On Services in Next 10 Years

The contract covers voice, video and data services and technologies for as many as 135 agen...

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