Struggling IT services company, Electronic Data Systems (EDS), has been paid US$2.05 billion before working capital adjustments for its product development software unit it said late last week.
An already struggling Electronic Data Systems says problems with a major contract have worsened, and it predicts a loss of up to US$75 million related to pension liability.
The vision of the future BT portrayed this week at an Australian conference was so far removed from how Telstra's David Quilty has described the British telco that I wonder if they were talking about the same UK.
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