When I thought things couldn't get any worse for Sprint!
The U.S. General Services Administration (GSA) selected AT&T, Qwest and Verizon yesterday for the largest-ever federal telecommunications contract, valued at $20 billion over 10 years, with some estimates putting the figure around $48 billion. The contract, called Networx Universal, will overhaul the government's telecommunications services, including voice, Internet, wireless and video services for 135 federal agencies, both domestically and internationally. The winning three companies will still have to compete for individual contracts within the government agencies, but with the GSA's stamp of approval.
The decision yesterday came as a blow to Sprint Nextel, who also bid for the cont...
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