JPMorgan Chase has signed a multi-million dollar contract with Qwest Communications for the provision of secure voice and data services across its worldwide operations.
JPMorgan Chase has assets of $694 billion and operations in 50 countries. The bank will use Qwest's network services to streamline business operations and reduce costs associated with information technology, says the company.
Doug Rennie, managing director, JPMorgan Chase & Co., says: "Qwest's worldwide network and service quality were important elements in our decision to go with them."