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COPYRIGHT 2001 PR Newswire Association LLC
Contract Enhances AT&T Latin America's Position as Provider of
Value-Added Services to the Region's Financial Sector
MIAMI, May 31 /PRNewswire/ --
AT&T Latin America Corp. (Nasdaq: ATTL) announced it signed a US $40 million deal to provide value added, data and IP services to the thirteen entities of the AVAL Group, Colombia's leading financial network.
Under terms of the agreement, AT&T Latin America, a facilities-based provider of integrated high-bandwidth business communications services and solutions with operations in five Latin American countries, will provide corporate data networks to Banco de Bogota, Banco de Occidente, Banco Popular, AV Villas, Porvenir, Leasing de Occidente and other entities of the AVAL Group.
This long-term agreement further enhances AT&T Latin America's position as a leading provider of value-added services to the region's financial services sector. In April, the company announced it was selected by the Brazilian Federation of Banking Associations for a three-year project to connect more than 190 financial...
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