CenturyLink Wins Two FCC Task Orders Worth $9.6M Over 5 Years
CenturyLink (NYSE: CTL) recently won two task orders from the Federal Communications Commission (FCC) that could be worth a total of $9.6 million over the next five years.
Both task orders were awarded under the General Services Administration's Networx Enterprise contract. GSA's Networx program is the largest telecommunications contract vehicle ever awarded by the federal government.
CenturyLink won a task order to provide Wide Area Network (WAN) services to the FCC, including private line services and Network-Based Internet Protocol Virtual Private Network Services. This WAN task order was evaluated at $6.99 million over the next five years—$1.23 million for the first year and $5.76 million over the following four years if all four one-year options are exercised.
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