WorldCom wins 10-year State Department contract
IDG News Service - WorldCom Inc. has landed a 10-year contract to provide data communications services to the U.S. State Department, the company said today.
The contract, worth up to $360 million over the 10 years, is to provide IP and Asynchronous Transfer Mode services over international private lines and satellite links to State Department facilities worldwide, a company statement said.
The agreement, known as Spectrum, also makes WorldCom a preferred provider for future State Department communications contracts, the statement said.
WorldCom has had an off-and-on relationship with the federal government this year.
In July, the company lost a $1.7 billion contract with the Federal Aviation Administration to run its telecommunications infrastructure (see story).
The Securities and Exchange Commission's investigation into WorldCom's finances led to speculation that the company would be barred from doing business with the federal government by the General Services Administration (GSA), which regulates many government contracts. That uncertainty came to an end in November when the GSA renewed a contract with WorldCom to provide telecommunications services and announced that it would bar two former executives of WorldCom from doing business with the government but not the company itself (see story).
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The old PacBell building at 140 New Montgomery Street, San Francisco, (@140nm) was wired for connectivity long before the needs of a tenant like Yelp would make 21st century demands. But even this telecom landmark needs some major infrastructure improvements to support the companies it expects to move in soon. more