Yahoo/AP, Monday March 31, 8:03 am ET
Royal Dutch Shell Signs Almost $4B in IT Service Contracts With AT&T, EDS and T-Systems
NEW YORK (AP) -- Royal Dutch Shell PLC, Europe's largest oil company, said Monday it signed technology service contracts with AT&T, Electronic Data Systems Corp. and a division of Deutsche Telekom AG worth nearly $4 billion over the next five years.
Under the terms of the deal, EDS and AT&T will manage Shell's worldwide communications infrastructure in over 100 countries. EDS said its services will include desktop, backup and recovery, mobile information protection and messaging systems. AT&T will provide wide and local area networks, voice services, security solutions and mobility services.
Deutsche Telekom unit T-Systems will provide Shell with worldwide hosting and storage services. EDS and T-Systems value their contracts at $1 billion each, and AT&T set the value of its contract at $1.6 billion over the five-year term.
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