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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Bud K who wrote (28372)	6/22/2000 9:19:00 PM
From: American Spirit	Respond to of 57584

Deutsche Telekom May Buy Unisys yippeee!!!!! Forbes By Kathleen Cholewka When Deutsche Telekom recently said it wanted to invest about $2.04 billion over the next five years to continue to build its global communications network, rumors started to fly. Speculation ran rampant on whether Deutsche Telekom, which reported $35.7 billion in sales in 1999 and has a market cap of $180 billion, would buy an information technology services company sometime soon, and today the name Unisys came up. One source close to Deutsche Telekom (NYSE: DT - news) says the carrier could possibly purchase a U.S. information technology services firm, specifically Unisys (NYSE: UIS - news), an e-business services company, which reported about $500 million in annual sales and has a market cap of $1.9 billion. Buying a company like Unisys would supply the behemoth German carrier with the expertise and resources to sell outsourced managed services. The worldwide market for these services was $300 million in 1999 and is expected to grow to $7.8 billion in 2004, according to International Data Corporation in Framingham, Mass. Based in Blue Bell, Penn., Unisys has 36,000 employees and operates in 100 countries. Its forte is providing managed information technology services in vertical markets such as financial services, transportation, communications, publishing and commercial as well as public sector companies. The two companies are already snuggly. In December 1999, DT and Unisys teamed to offer Global Desktop Services, which included packages of information technology and telecom services for DT's multinational corporations. The services the two jointly provide include network consulting, procurement, installation and integration services, remote network management, desktop support and help desk services. The terms of that deal were not disclosed. ``We work very closely together,'' says Grant Evans, a spokesman at Unisys.