AT&T has emerged as the front runner to buy IBM's Global Network, prompted by a #1.2 billion joint outsourcing deal for US bank BancOne's telecoms network. AT&T chairman, Michael Armstrong has earmarked AT&T Solutions, the division that handles outsourcing for large companies, for rapid growth over the next four years. Rick Roscitt, head of this division, has confirmed AT&T is in the running for IBM's Global Network although declined to comment in great detail. It is thought IBM wants at least $3billion (#1.83billion) for the unit.
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