GTE signs $5 million contract for consulting services with Samsung Data Systems; Korea Telecom is customer.
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TEMPLE TERRACE, Fla. -- GTE today announced a $5 million contract with Samsung Data Systems (SDS) in Korea, its first in this Far East market.
Under the contract, GTE will provide consulting services for the design, development and implementation of portions of the Integrated Customer Information System (ICIS) for Korea Telecom, which will benefit the customer by positioning it for the deregulated marketplace.
GTE and SDS will collaborate in initiating a comprehensive marketing system and new data center infrastructure in support of ICIS. The initial contract is expected to be completed by 1997.
"This contract is an integral component of GTE's international strategy, which is to leverage our proven expertise in telecommunications products and services around the world," said GTE Data Services International President Elizabeth A. Edwards.
GTE Data Services, part of GTE Corp., is one of the largest software-development, systems and network integrators, and information-processing service companies in the United States. Internationally, it has provided telephone billing systems and consulting to companies in the United Kingdom, Portugal, Canada, the Netherlands, Denmark and Venezuela.
With revenues of $20 billion in 1995, GTE Corp. is one of the largest publicly held telecommunications companies in the world. It is also the largest U.S.-based local telephone company and a leading cellular-service provider -- with wireline and wireless operations that form a market area covering about one third of the country's population. Outside the United States, where GTE has operated for more than 40 years, the company serves over 6 million customers. GTE also is a worldwide leader in government and defense communications systems and equipment, aircraft-passenger telecommunications, directories and telecommunications-based information services and systems.