Yahoo! News: IBM has signed a seven-year, $971 million contract to upgrade Lloyds TSB's networking infrastructure to take advantage of advanced business applications and solutions.
IBM will oversee the bank's implementation of a dedicated high-capacity fiber, DSL and MPLS voice and data network. One of the largest such deployments in Europe, the network will support 70,000 Voice over IP (VoIP) telephones and provide a flexible, high-bandwidth infrastructure. Ultimately, it will provide high-speed connectivity to all Lloyds TSB branches and ATMs.
The new infrastructure will be implemented over the next 20 months and will feature a single network for voice, data and video, linked to mobile and call center services.
