IBM snags AT&T as client in new cloud deal worth ‘billions’ | CNBC

IBM has signed a major cloud deal with AT&T worth “billions” of dollars.

The company announced Tuesday that it signed a multiyear agreement with AT&T enabling the carrier to host its business applications on the IBM Cloud.

An IBM spokesperson confirmed to CNBC that the multibillion-dollar deal will extend “over several years,” but didn’t specify the exact value of the agreement or the time frame.

Source: IBM snags AT&T as client in new cloud deal worth ‘billions’ | CNBC