Global Crossing Ltd. (NYSE: GX) and Computer Sciences Corporation (NYSE: CSC) announced a multilevel strategic alliance that will leverage the complementary assets of Global Crossing�s worldwide fiber optic network with the full range of CSC�s information technology (IT) services offerings.
The five-year contract, under which CSC plans to move its global network to the Global Crossing optical fiber backbone, is valued at approximately $150 million in revenue to Global Crossing, and includes options that could extend the relationship into 2010.
The agreement also includes preferred provider status for CSC, which will enhance Global Crossing�s IT infrastructure through joint development of SAP, Customer Relationship Management (CRM), and Web-based billing systems. Global Crossing is also exploring outsourcing to CSC its applications programming and desktop support, as well as opportunities to develop advanced consumption-based billing systems.
The third major element of the alliance is a joint marketing arrangement under which the companies plan to deliver integrated solutions to multinational organizations over a fully managed, global IP infrastructure shared between Global Crossing and CSC. Using this shared network, Global Crossing and CSC would team to provide scaleable network services and dedicated point-to-point data transport services, along with CSC�s IT services and product offerings, including e-business solutions.
In the initial phase of the alliance, CSC will implement its Integrated Global Network, which will connect CSC facilities and clients worldwide, on the Global Crossing Network. Deployment of CSC�s internal network onto Global Crossing�s IP backbone will begin during the first quarter of 2001 at CSC offices and data centers in Newark, Del.; Falls Church, Va.; Maidstone, UK; Copenhagen, Denmark; and Sydney, Australia.
CSC and Global Crossing plan to integrate their network management services using Global Crossing to manage the wide area network (WAN), and CSC�s local area network (LAN) management centers to offer end-to-end managed solutions.
During 2001, CSC plans to migrate 20 additional sites onto the network in California, Connecticut, Texas, Singapore, Tokyo, Hong Kong, Kuala Lumpur and New Zealand, leveraging the worldwide reach of Global Crossing�s network.
About CSC:
Computer Sciences Corporation, a consulting and IT services firm, helps clients in industry and government achieve strategic and operational results through the use of technology, consulting, systems design and integration, IT and business process outsourcing, applications software, and Web and application hosting to meet the individual needs of global corporations and organizations.
About Global Crossing
Global Crossing Ltd. provides a full range of managed data and voice products and services.