CSC Signs $735 Million Deal With Marconi Corp.

Under the contract, CSC will support and manage Marconi's IT help desk, desktop computing, networking and midrange operations; develop and maintain software applications; and provide telecommunications services worldwide, with the exception of its Asia Pacific and Middle East regions and the company's U.K.-based Interactive Systems business, he says.

Roughy 360 Marconi IT employees across Europe, Africa and the Americas will transfer to CSC in June 2003 to comply with local legislative and consultative requirements, the spokesman says.

El Segundo, Calif.-based CSC will subcontract to British Telecommunications networking services, including local and wide area networking, voice and conferencing services, and global remote access facilities as part of this deal. Consequently, an additional 40 Marconi IT employees, principally from North America and the United Kingdom, will transition to BT in June 2003.

"We are pleased to enter into this agreement with Marconi," said CSC Chairman and Chief Executive Officer Van B. Honeycutt, in a statement. "Our overarching objective will be to leverage our global technology resources to help Marconi achieve its business goals."

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Mike Donovan, Marconi's chief operating officer, notes that the agreement will contribute "significantly to our committed cost reduction and efficiency program and allows us to focus on our core business, which is building, maintaining and supporting the networks of the world's leading telecommunications companies...The Marconi employees transferring to CSC or BT are moving to organizations where IT and telecoms services are their core business. This will give them new and extensive career opportunities and increased exposure to leading-edge practices in IT systems deployment and support."