$48 billion Federal Phone Deal Goes to Qwest, AT&T, Verizon
The
US federal government's largest
telecommunications contract ever, a 10-year deal worth up to $48 billion,
was awarded to AT&T, Qwest
Communications and Verizon on Thursday, according to the General Services
Administration. The contract winners
beat out Sprint Nextel Corp.
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US
GDP, a measure of total goods and services output within U.S. borders,
grew at a 2.5% annual rate during Q4 2006, higher than the 2.2% reported a
month ago, and up from 2% in the third quarter, according to the Commerce
Department, reports Reuters.