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Information technology services industry

AT&T Signs Multi-Year Agreement with AlliedSignal Valued at Over $400 Million

Strategic Insights

— 1 min read

AT&T has announced a major partnership with AlliedSignal, a leading advanced technology and manufacturing company, to provide a global networking solution that will support AlliedSignal's corporate growth strategy. The multi-year agreement, worth over $400 million, calls for AT&T Solutions to provide advanced global networking management and standardize communications technology capabilities across AlliedSignal's infrastructure.

Key Takeaways:

  • The agreement involves 19 countries in North and South America, Europe, and Asia, with nearly 400 sites to be managed by AT&T Solutions.
  • AlliedSignal will receive a flexible, reliable, and cost-effective networking infrastructure, including wireless services for over 3,000 wireless phones, local telephone service at company locations in the US, and voice and data services across the US and Europe.
  • The agreement aims to standardize communications technology, accelerating AlliedSignal's e-business activities and enabling quick assimilation of new businesses into the corporate structure.
  • AT&T Solutions will work with AlliedSignal to develop and apply communications standards across the company's business units and achieve a predictable cost structure.
  • Larry Kittelberger, AlliedSignal's senior vice president and chief information officer, stated that the agreement enables AlliedSignal to establish a global, standardized communications platform that supports its aggressive growth strategy.
  • Jim Pagos, AT&T Solutions' chief operating officer, noted that AlliedSignal's management team has a clear vision of where the business is headed, and how strategic partners fit into the equation.

Statistics:

  • The agreement is valued at over $400 million.
  • The partnership covers nearly 400 sites in 19 countries across North and South America, Europe, and Asia.
  • AlliedSignal has over 70,400 employees in some 40 countries.
  • AT&T operates the world's largest, most powerful long-distance network and the largest wireless network in North America, serving over 80 million customers.
  • AlliedSignal is one of the 30 stocks that make up the Dow Jones Industrial Average and is also a component of the Standard & Poor's 500 Index.

Sources:

  • [1] AT&T Press Release (Aug 23): AT&T Announces Multi-Year Agreement with AlliedSignal, Valued at Over $400 Million (PRNewswire)
  • [2] AlliedSignal Corporate Website: About AlliedSignal (http://www.alliedsignal.com)
  • [3] AT&T Corporate Website: About AT&T/AT&T Solutions Group (http://www.att.com)

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