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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: gbh who wrote (58422)	1/4/1999 10:44:00 PM
From: DHB	Read Replies (1) \| Respond to of 61433

Gary, as fate would have it, does this fall into that category? My initial euphoria was some thread of connection to the prophet LUKE. Cable & Wireless- IBM techweb.com Cable & Wireless Optus, the second-largest telecommunications provider in Australia, handed over its application-development and maintenance services Wednesday to IBM Global Services. The five-year pact, worth an estimated $460 million, includes the development and implementation of a customer billing system. Cable & Wireless will retain responsibility for IT architecture, planning, and quality control. The deal comes one year after IBM Australia landed a 10-year, $2.9 billion IT outsourcing deal with Australia's largest telecom carrier Telstr. In September, IBM won a 10-year, $3 billion outsourcing contract from another part of the Cable & Wireless global organization, Cable & Wireless Communications in the United Kingdom. <Picture: TW>