5 Companies Win U.S. Telecom Contract
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AT&T, Level 3 Communications, Qwest Communications, Sprint Nextel and Verizon â were awarded a federal telecommunications contract worth $20 billion.
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Stanley Inc. of Arlington said last week that it has been added to a list of 29 companies eligible to receive work under a five-year, $50 billion contract managed by the General Services Administration.
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General Motors Corp. has agreed to a $1 billion, five-year contract with AT&T to help the auto maker continue development of a global IP network supporting voice, data, video and other services.
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Sprint Corp. said Tuesday it reached multi-year agreements totaling $3 billion with Lucent Technologies Inc., Motorola Inc. and Nortel Networks Corp.
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The U.S. Agency for International Development, seeking to update and consolidate its technology purchasing, awarded contracts to four teams of companies that will compete for up to $300 million in work over the next five years.
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The U.S. government raised $2.25  billion in an auction of wireless airwaves that ended on  Tuesday, with Verizon Wireless and a partner collectively  winning 63 licenses with almost $697.4 million in bids.
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Verizon Wireless is adding to its considerable spectrum holdings with the proposed acquisition of airwaves owned by NextWave Telecom. Under terms of the agreement, Verizon will pay US&#36;3 billion for NextWave's PCS spectrum licenses in 23 U.S. markets.
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U.S. telephone carrier Verizon  Communications Inc. is set to sign an agreement as early as  Monday with five Asian telecoms companies to build the first  high-speed, transpacific undersea cable system directly linking  the United States and China, the Wall Street Journal reported  on its Web site on Monday.
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By TOM PARSONS Associated Press  LITTLE ROCK -- A pair of investment firms have agreed to acquire Alltel Corp., the fifth-biggest U.S. wireless company and owner of the nation's largest geographic network, in a deal worth $24.8 billion.
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By Tom Spoth, The Sun, Lowell, Mass.  Feb. 11--In February 2004, a company in Burlington received a $2.5 million contract from the U.S. Army.
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The companies team up to develop broadband telephony products due in time for the holidays, sources familiar with deal say.
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The U.S. sale of airwaves for  advanced wireless services grossed a record $13.9 billion when  it ended on Monday, and spectrum-hungry U.S. wireless carrier  T-Mobile USA topped the bidding by offering almost $4.2 billion  for 120 licenses.
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T-Mobile has signed a deal with six international wireless carriers to provide its customers with access to Wi-Fi hotspots around the world.
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Cingular Wireless, a joint venture between SBC Communications and BellSouth, has completed its previously announced acquisition of AT&amp;T Wireless Services, creating the largest wireless carrier in the US.
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U.S. telephone carrier Verizon Communications Inc.  is set to sign an agreement as early as Monday with five Asian telecoms companies to build the first high-speed, transpacific undersea cable system directly linking the United States and China, the Wall Street Journal reported on its Web site on Monday.
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The U.S. sale of airwaves for  advanced wireless services grossed a record $13.9 billion when  it ended on Monday, and spectrum-hungry wireless carrier  T-Mobile USA, Verizon Wireless and a group of cable companies  were the highest bidders.
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A consortium of Hewlett-Packard Co.   and France Telecom's  Equant has won a 210  million euro ($266.8 million) contract to supply a secure  communications infrastructure for the European Union.