The France Telecom Group selected by Capgemini to manage Schneider Electric's Telecommunications in Europe.PARIS Paris, in Greek mythology Paris or Alexander, in Greek mythology, son of Priam and Hecuba and brother of Hector. Because it was prophesied that he would cause the destruction of Troy, Paris was abandoned on Mt. -- France Telecom has just been selected by Capgemini France SAS (1) (SAS Institute Inc., Cary, NC, www.sas.com) A software company that specializes in data warehousing and decision support software based on the SAS System. Founded in 1976, SAS is one of the world's largest privately held software companies. See SAS System. ("Capgemini"), for a deal worth 200MEUR MEUR Million Euros over nine and a half years. Capgemini who signed in November 2004 a 10 years Outsourcing contract with Schneider Electric Schneider Electric (Euronext: SCHN) is a French global company. It was founded in 1836 by two brothers, Joseph and Adolphe Schneider, who took over a troubled foundry at Le Creusot. Industries ("Schneider Electric") relies on its core partner France Telecom, with its subsidiaries Orange and Equant, to transform Schneider Electric's pan European network. The new solution will replace existing multi-domestic multi provider network solutions to provide homogeneous network solutions across Europe enabling Capgemini's transformation program. France Telecom and Capgemini signed a master Cooperation and Services agreement related to telecommunications systems and services in Europe for Schneider Electric in connection with the transformation program. It covers 500 sites in 31 countries and covers both data and voice Network Services. The strong presence of the France Telecom Group across Europe, especially for data and mobile, as well as a long relationship with Schneider Electric in France, has been key to the success of this deal. About the Capgemini Group Capgemini, one of the world's foremost providers of Consulting, Technology and Outsourcing services, reported 2004 global revenues of 6.3 billion euros and employs approximately 60,000 people worldwide. Concerning France Telecom France Telecom, one of the world's leading telecommunications operators, serves 130 million clients on five continents (220 countries or territories) as of September 30, 2005 and had consolidated sales of 47.16 billion Euros in 2004 by French accounting standards (46.16 billion Euros by IFRS IFRS International Financial Reporting Standard(s) IFRS Inter Frame Relay Service IFRS Indiana Facilities Registry System standards). For the 3rd quarter 2005, consolidated sales were 12.26 billion Euros by IFRS standards. Introduced in June 2005, the transformative NExT program (New Experience in Telecommunications) will permit the Group to pursue its transformation as an integrated operator and to establish it as the operator of reference for new telecommunications services in Europe. By 2008, its customers will have access to a universe of enhanced and simplified communications services notably through the Orange brand. Number two mobile operator and provider of Internet services in Europe and amongst the world leaders in providing telecommunication services to multi-national companies, France Telecom (NYSE NYSE See: New York Stock Exchange :FTE FTE Full-Time Equivalent FTE Full-Time Employee FTE Full-Time Equivalency FTE Full Time Employment FTE Foundation for Teaching Economics FTE Full Time Enrollment FTE For the Enterprise (SQL) FTE Fund for Theological Education ) is listed on the Paris and New York stock exchanges New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. . |
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