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AT&T, Verizon Business and Qwest win $20B federal telecom deal
By Carolyn Duffy Marsan
AT&T, Verizon Business and Qwest have hit the jackpot, winning a 10-year, $20 billion telecommunications contract with the U.S. federal government that is the largest of its kind in the world.
Sprint Nextel was not so lucky. The carrier which has held both predecessor contracts, FTS 2001 and FTS 2000, served the U.S. federal government as a telecommunications provider for 18 years but lost out on the so-called Networx Universal contract.
The U.S. General Services Administration (GSA) announced the winners of the so-called Networx Universal contract at a press conference in Washington D.C. Thursday morning.
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