MCI Signs Five-Year Global Managed Networking Services Contract With ABN AMRO Worth EUR 500 Million
Agreement supports bank’s telecoms & networks strategy
AMSTERDAM and ASHBURN, VA, USA, December 14, 2005 -- MCI (NASDAQ: MCIP) today announced that it has signed a five-year global network integration agreement with ABN AMRO to manage their global data network and firewall platforms. The value of the contract is EUR 500 million (approximately $550 million) over five years.
The scope of the agreement includes wide-area network, local-area network and security services connecting more than 6,000 ABN AMRO locations in 25 countries, and 200-plus regional network providers. Under the terms of the agreement - MCI will assume overall management and delivery responsibility for ABN AMRO’s global networking services.
“The ABN AMRO agreement showcases MCI’s industry-leading global network integration capabilities,” said Wayne Huyard, president of Sales and Service for MCI. “With ABN AMRO, we are delivering the best in global network and security management, professional services and managed network migration to global IP. We are honored to be a strategic partner supporting ABN AMRO and, through the transformation to IP, we are committed to delivering the IP-enabled productivity enhancements and significant operational cost savings.”
MCI will utilize its Global Service Operations team to manage all aspects of ABN AMRO’s service and supply chain around the globe and deliver managed network and managed security services. MCI’s award-winning network management platform IMPACT will be at the heart of the managed services.
“This is a key milestone in the evolution of ABN AMRO’s Global Telecommunications & Network Services strategy, this contract will see the transformation of ABN AMRO’s global infrastructure to an end to end Managed Service based on MPLS technologies at the core.” said Peter Josse, Global Head, Telecoms & Network Services, ABN AMRO. “By transferring operational responsibility of our global network service to MCI we will achieve significant service and quality improvements while driving major cost efficiencies.”
MCI has an extensive history as a global network service integrator and Managed Network Services provider. Today the company manages more than 3,100 customer networks in 149 countries, including overseeing 22,000+ non-MCI connections from more than 60 network providers globally. MCI’s advanced local-to-global IP network spans more than 100,000 miles across 150 countries on six continents and is backed by 5,000 technical experts who operate around the globe.
About MCI, Inc.
MCI, Inc. (NASDAQ: MCIP) is a leading global communications provider, delivering innovative, cost-effective, advanced communications connectivity to businesses, governments and consumers. With one of the most expansive global IP backbones and wholly-owned data networks, MCI develops the converged communications products and services that are the foundation for commerce and communications in today’s market. For more information, go to www.mci.com.
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