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17

Shell: Straight-Out Offer To AT&T, EDS And T-Systems

Royal Dutch Shell, Europe's first-rating oil company, announced it will transfer AT&T, EDS and T-Systems a total sum of $4 billion over the next five years...

Royal Dutch Shell, Europe's first-rating oil company, announced it will transfer AT&T, EDS and T-Systems a total sum of $4 billion over the next five years to help in operating its computer and communications systems.

Shell stated AT&T will manage its telecommunications; T-Systems, an arm of Deutsche Telekom, will provide "hosting and storage;" and Electronic Data Systems will provide employee computer services and infrastructure starting in July.

Shell is not precising Monday how much money will go to each company.

Shell states that it hopes to keep the money safe and better the services by outsourcing them, but does not say in details how much it is to save.