AT&T Solutions' Networking Milestones Include $2 Billion of New Business in 1999 - Company Business and Marketing

Cambridge Telcom Report, Sept 6, 1999

AT&T Solutions, the networking professional services arm of AT&T, has achieved remarkable growth in only four and a half years of operation.

AT&T Solutions Group provides seamless managed and outsourcing solutions that maximize the competitive advantage of networking-based electronic commerce and other networked applications. It uses state-of-the-art tools to operate and manage voice, data, video and Internet/intranet services, including local and wide area networks, PBXs, voice-processing systems and voice and data terminals.

Earlier this month AT&T Solutions announced multi-year networking services contracts with Bank One Corp. for $465 million, and AlliedSignal Inc. for $400 million.

Other growth milestones include:

* The wholly owned subsidiary was founded in February 1995.

* AT&T Solutions has the potential for more than $11 billion in outsourcing revenues over the life of signed contracts.

* AT&T is well along in the process of acquiring IBM's Global Network business, which is now part of the AT&T Solutions Group and has been renamed AT&T Global Network Services.

* After two consecutive years of revenue growth at 35 percent, AT&T Solutions has recorded revenue growth of 50 percent through the second quarter of this year.

* To date in 1999, AT&T Solutions has signed networking professional services contracts worth $2 billion in new long-term business with McDermott International, Bank One, AlliedSignal and the State of Texas.

* More than 1,100 global clients have selected AT&T Solutions as their strategic technology ally to maintain their worldwide networking platforms.

* In addition to its newest clients, AT&T Solutions' client roster includes Chase Manhattan; Citigroup; IBM; J.P. Morgan; MasterCard International; Merrill Lynch; Textron, and United HealthCare. In addition, the unit manages AT&T's corporate networking capabilities - including IP, voice, data and video - on a global basis.

* AT&T Solutions has nearly 12,000 employees worldwide.

* The unit manages its clients' mission-critical global networking operations from state-of-the-art control centers in Durham, N.C., and Dublin, Ohio, and has added networking-management centers in the United Kingdom, the Netherlands, India, Singapore and China as a result of huge growth.