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Tuesday, 02 October 2007 |
AT&T Gets Outsourcing Contract With IBM
AT&T Inc. will provide outsourced telecommunication and networking services to International Business Machines Corp. worth up to $1 billion in additional revenue over five years, the company said in a Securities and Exchange Commission filing Tuesday.
Associated Press AT&T said that the deal is not expected to materially impact its financial results. Under the deal, AT&T will transition employment of an unspecified number of International Business Machines employees in over 30 countries, AT&T said. AT&T also anticipates reporting $80 million in charges related to the deal during the next 12 months. |
