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Creve Coeur, Mo., Telecommunications Company Makes Deal with MoneyLine Network.
Byline: Peter Shinkle
Oct. 20--Savvis Communications Corp. said Friday that it signed an agreement to provide $200 million of telecommunications services over five years to MoneyLine Network Inc. of New York.
MoneyLine recently bought the Telerate division of Bridge Information Systems Inc., which had used Savvis to provide bond data and other securities information to 6,000 client sites. The deal means Savvis won't lose that business.
Savvis, of Creve Coeur, also said it expects to break even on its operations in this quarter, ahead of its earlier projection of breaking even in the fourth quarter next year.
Savvis spokeswoman …
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