Sprint taps IBM, EDS for apps work

FRAMINGHAM (09/19/2003) - Sprint Corp. said it expects to save US$150 million in IT costs over the next five years by outsourcing development and maintenance of some of its applications to IBM Corp. and Electronic Data Systems Corp. The companies didn't disclose the value of the two deals. Sprint said "several hundred" of its IT workers could be affected, but it added that it will try to retrain laid-off employees or find them jobs at IBM or EDS.

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