GTE and Fujitsu Award $20 Million Contract to South Dallas Company
More of our content is being permanently logged via blockchain technology starting [10.23.2020].
DALLAS -- GTE and Fujitsu Network Communications, Inc. today announced an agreement with World Wide Technology (WWT), a minority-owned telecommunications company in southern Dallas County, to provide critical high-tech network components for GTE's local exchange operations nationally including, voice, data and enhanced services for business and residential customers.
Under terms of the agreement, estimated at $20 million annually, WWT will customize configurations of Fujitsu-manufactured equipment to GTE specifications at its manufacturing facility in Turnpike Distribution Center in southern Dallas County. As a result, GTE will realize significant reductions in cost and cycle time to deployment while exceeding high quality standards.
"WWT is proud to team with industry leading companies such as Fujitsu and GTE," said David Steward, chairman and CEO, World Wide Technology. "This relationship demonstrates a true commitment to supplier diversity initiatives, and most importantly, benefits the end line customer by providing a web-based, supply-chain management value-added solution."
WWT, one of the fastest-growing system integrators in the country, focuses on delivering product to the market faster and more cost effectively due to immediate access to products, inventory, order status, technical and corporate information as well as its on-line order capabilities, both web-based and EDI.
"This is a winning relationship for GTE," said John Appel, president-Network Services, GTE. "Suppliers that can reduce time to deployment and reduce our cost make excellent business allies. Speed is a key differentiator in the telecommunications industry. The company that can get product to the market fastest with the best quality at a fair price will enjoy a huge competitive advantage."
George Chase, executive vice president-Sales and Marketing, Fujitsu Network Communications, described the arrangement as a strategic business initiative for the equipment manufacturer. "Doing business this way helps decrease the time to market for Fujitsu products, which is crucial to winning business today," Chase said. "The entire effort surrounding this arrangement has been designed to provide significant business benefits to all the participants."
With revenues of more than $23 billion in 1997, GTE is one of the world's largest telecommunications companies and a leading provider of integrated telecommunications services. In the United States, GTE provides local service in 28 states and wireless service in 17 states; nationwide long-distance and internetworking services ranging from dial-up Internet access for residential and small-business consumers to Web-based applications for Fortune 500 companies; as well as video services in selected markets.
Fujitsu Network Communications, Inc., designs and manufactures fiber-optic transmission and broadband switching platforms and develops software that allows customers to perform in-service management and monitoring of the telephone network. Its customers include local exchange carriers, interexchange carriers, competitive access providers and cable TV operators, as well as large private networks in North America. Fujitsu Network Communications is part of Fujitsu Limited, a $36 billion global technology leader in computers, communications and microelectronics.