CenturyLink wins $29M disaster recovery services deal with U.S. banking overseer

CenturyLink (NYSE: CTL) has won a contract with a $29 million ceiling to provide disaster recovery (DR) services to the Office of the Comptroller of the Currency (OCC), which oversees the U.S. banking system.

Although the contract is only for one year, it has five one-year options.

Under the terms of the agreement, CenturyLink will support the OCC's disaster recovery program testing, security, compliance, configuration management, emergency operations and documentation requirements.

Having a DR plan in place is important for the OCC as oversee the U.S. banking system. The CenturyLink solution will enable the OCC to maintain continuity of operations in the event of an emergency.

The agreement with the OCC is just one of several that CenturyLink has made with public sector agencies. In January, CenturyLink won four fair opportunity task order awards from the U.S. Defense Information Systems Agency (DISA) that are worth up to $10 million combined.

CenturyLink has also enhanced its network offerings for its federal government customers.

To assist agencies in their TDM-to-IP transitions, CenturyLink began offering Genband's application server solutions to federal government customers that purchase services off its GSA Networx contract vehicle portfolio.

For more:
- see the release

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