AT&T Lands GM Deal

DETROIT -- AT&T Inc. (NYSE: T - News) today announced that General Motors Corp. (NYSE: GM - News) has awarded AT&T a five-year global networking contract worth nearly $1 billion. The agreement is one of the largest commercial contracts in AT&T history.

Under the agreement, AT&T will deliver next-generation telecommunications capabilities that will enable GM to further integrate its global resources. In addition, GM named AT&T a strategic information technology supplier to support its third-generation information technology business model, which is designed to ensure that GM's IT suppliers are working as one around the world. In that role, AT&T will provide network-integration management covering all aspects of GM's worldwide telecommunications infrastructure, including voice and data applications and systems support.

As part of the agreement, AT&T will be responsible for managing the performance of key regional telecommunications providers around the world in addition to network management responsibility for participating telephone companies to drive consistent, uniform IT service delivery and support. In addition, AT&T will continue to collaborate with GM's Information Systems and Services organization to support its global business strategy.

AT&T Inc. (NYSE: T)