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Saudi Arabia Communications

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May 10, 1994 | From Associated Press
AT&T Corp. won a $4-billion, seven-year agreement to build an advanced digital communications network in Saudi Arabia, the company said Monday. AT&T beat several rivals for the deal, including Northern Telecom Ltd., Siemens and L.M. Ericsson Telephone Co. Terms must still be finalized, but through 2000 the deal could add annual sales of about $600 million to the company, which had revenue last year of $65 billion.
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BUSINESS
May 10, 1994 | From Associated Press
AT&T Corp. won a $4-billion, seven-year agreement to build an advanced digital communications network in Saudi Arabia, the company said Monday. AT&T beat several rivals for the deal, including Northern Telecom Ltd., Siemens and L.M. Ericsson Telephone Co. Terms must still be finalized, but through 2000 the deal could add annual sales of about $600 million to the company, which had revenue last year of $65 billion.
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