To: David Pawlak who wrote (5985 ) 3/19/1998 12:38:00 AM From: Robert Gordon Read Replies (1) | Respond to of 10479
Check this out... It was posted on the Yahoo board by rybird Siemens and MCI Announce Five-year Agreement Worth $2.1 Billion Firms Team to Offer Customers Comprehensive Single-Source Telecom Solutions SANTA CLARA, Calif./ATLANTA--(BUSINESS WIRE)--March 18, 1998-- Siemens Business Communication Systems, Inc. and MCI (NASDAQ:MCIC - news) have entered into a five-year, $2.1 billion, innovative solutions agreement that leverages the expertise and resources of both industry leaders to provide customers with single point of contact, end-to-end telecommunications solutions, both companies announced today. Under the terms of the agreement, Siemens will deliver business to MCI, while MCI will conduct joint sales activities. In addition to outbound long distance voice service, MCI will provide customers with MCI Local Service, MCI Data Services, MCI Hyperstream Frame Relay, MCI Private Line and MCI Dedicated Internet Services. Together, they will offer customers compatible products and services, application solutions, cooperative network configurations and engineering from a single source. Siemens and MCI will also work together to determine the joint solutions most appropriate to a customer's requirements and business goals and provide discounted joint solutions to address those needs. ''MCI is pleased to extend our relationship with Siemens,'' said Omar Leeman, President, MCI Business Operations. ''This agreement reinforces our eight-year partnership that provides excellent value and quality communications to thousands of customers.'' This agreement builds on a series of proven partner marketing projects between the two companies that have generated revenues in excess of $1 billion to date. Joint products and solutions resulting from the agreement will be available to customers this year. ''Our mutual customers will experience a new convenience, simplicity and value in turnkey communications solutions,'' stated George Nolen, senior vice president, sales and services, Siemens Business Communications.