Cost Restructure for AT&T
ASHBURN,
Va., Aug. 2, 2023 /PRNewswire/ - DXC Technology
(NYSE: DXC), a leading Fortune 500 global technology services
provider, today announced a new multi-year agreement to provide
AT&T* (NYSE: T) end-to-end support for a portion of its IT
infrastructure operations.
Under the agreement, DXC will manage AT&T's midrange IT
infrastructure, which spans AT&T's enterprise compute, storage,
backup and recovery environments. DXC will also provide system,
database and storage administration, along with hardware
architecture and maintenance across these environments.
DXC worked with AT&T to develop a flexible and innovative
infrastructure solution to meet AT&T's needs for targeted
efficiencies. This agreement will help AT&T improve its cost
structure and agility, while enabling faster business decisions in
response to market changes.
"We are extremely proud that AT&T has decided to grow our
relationship by trusting DXC to operate their critical systems,"
said Chris Drumgoole, DXC Executive
Vice President. "This is a great example of companies partnering
with DXC to evolve their technology together while delivering
excellence for their essential systems and platforms."
"We continue to transform our technology environment, and this
collaboration with DXC will help us move faster to reach our
goals," said Jon Summers, Chief
Information Officer, AT&T. "As AT&T continues to
invest in our future, this multi-year agreement will help us manage
our essential IT systems while also enabling us to evolve our
strategic platforms to drive our growth strategy."
About DXC Technology
DXC Technology (NYSE: DXC) helps global companies run their
mission-critical systems and operations while modernizing IT,
optimizing data architectures, and ensuring security and
scalability across public, private, and hybrid clouds. The world's
largest companies and public sector organizations trust DXC to
deploy services to drive new levels of performance,
competitiveness, and customer experience across their IT estates.
Learn more about how we deliver excellence for our customers and
colleagues at DXC.com.
*About AT&T
We help more than 100 million U.S. families, friends and
neighbors, plus nearly 2.5 million businesses, connect to greater
possibility. From the first phone call 140+ years ago to our 5G
wireless and multi-gig internet offerings today, we @ATT innovate
to improve lives. For more information about AT&T Inc.
(NYSE:T), please visit us at about.att.com. Investors can
learn more at investors.att.com.
Forward-Looking Statements
All statements in this press release that do not directly and
exclusively relate to historical facts constitute "forward-looking
statements." These statements represent current expectations and
beliefs, and no assurance can be given that the results described
in such statements will be achieved. Such statements are subject to
numerous assumptions, risks, uncertainties and other factors that
could cause actual results to differ materially from those
described in such statements, many of which are outside of our
control. For a written description of these factors, see the
section titled "Risk Factors" in DXC's Annual Report on Form 10-K
for the fiscal year ended March 31,
2023, and any updating information in subsequent SEC
filings. No assurance can be given that any goal or plan set forth
in any forward-looking statement can or will be achieved, and
readers are cautioned not to place undue reliance on such
statements which speak only as of the date they are made. We do not
undertake any obligation to update or release any revisions to any
forward-looking statement or to report any events or circumstances
after the date of this report or to reflect the occurrence of
unanticipated events except as required by law.
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SOURCE DXC Technology Company