AT&T wins over $2 billion in contracts
Article Abstract:
AT&T Corp will make over $2 billion from the multiyear contracts it has signed with Textron and ICG Communications. AT&T Solutions will manage Textron's global communications networks under a 10-year, $1.1 billion agreement. AT&T was awarded the contract over British Telecommunications. Textron needs to update its network quickly when it makes acquisitions, and its in-house staff is unable to provide this capability on a global basis. The agreement is believed to be the world's largest communications-network outsourcing agreement. ICG Communications is purchasing $1 billion worth of telecommunications switches, hardware and services under a seven-year agreement signed with AT&T subsidiary Lucent Technologies. Lucent will provide the hardware, software and services necessary for the expansion of ICG's communications networks in the US.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1996
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Japan's NTT taps Motorola for phone gear
Article Abstract:
Nippon Telegraph and Telephone Corp (NTT) has chosen Motorola Inc's digital voice technology as a standard for developing Japan's cellular telephone market. Japan's cellular telephone market is estimated to be one-fourth that of the US but the opening of the market to more competitors and bringing in of advanced digital technologies will help cut prices and spread use. NTT will sell systems patented by Motorola, which include a speech coder that translates the voice for electronic transmissions, and is expected to complete the development of the new generation of cellular telephones by 1992. NTT ordered $350 million in telecommunications equipment from US companies in FY 1990 ended Mar 30, which represents only four percent of NTT's procurements for the year.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1990
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NTT awards satellite deal to Loral Corp.; large contract represents payoff for U.S. efforts to win work in Japan
Article Abstract:
Nippon Telegraph and Telephone Corp (Nippon Denshin Denwa KK, or NTT) has awarded New York-based Loral Corp a contract to build a new satellite system that is expected to cost $600 million. The contract is the biggest that NTT has ever given a foreign firm and results from US government efforts to force Japan to open its commercial satellite contracts to foreign competition. Loral outbid General Electric Co and the Hughes Aircraft Division of General Motors Corp. Mitsubishi Electric Corp will be a subcontractor to Loral. Loral will build two N-STAR communications satellites for 1995 launching; the satellites are expected to last 10 years. Foreign purchases make up only 5 percent of NTT's huge equipment budget, but that proportion is growing.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1991
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