Article: Cable and Wireless Communications and IBM Announce Strategic Partnership.

LONDON--(BUSINESS WIRE)--Sept. 2, 1998--Cable & Wireless Communications today announced a strategic IT partnership with IBM, the largest of its kind between a major communications company and a leading IT services provider.

Under the 10-year, 1.8 billion pound (US$3 billion) agreement, IBM will provide the support required by Cable & Wireless Communications to significantly improve business efficiency and service to customers.

The partnership will involve the transfer of 1,000 staff from Cable & Wireless Communications to IBM Global Services, and the creation by IBM of up to 400 new jobs. Cost efficiencies achieved by Cable & Wireless Communications from the ...

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