Microsoft Corp MSFT:NASDAQ

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Microsoft, AT&T Strike Pact on Cloud, AI, 5G

10:30AM ET 7/17/2019 MT Newswires
Microsoft (MSFT) has entered an alliance with AT&T (T), making it the preferred cloud provider for non-network applications, as part of AT&T's broader public cloud first strategy, according to a statement Wednesday.

Microsoft will support AT&T as it consolidates its data center infrastructure and operations.

Under the pact, the two companies will apply technologies such as cloud, artificial intelligence and 5G to improve how people live and work today and in the future.

AT&T is on its way to moving most non-network workloads to the public cloud by 2024, an initiative that will allow AT&T to focus on core network capabilities, accelerate innovation for its customers, and empower its workforce while optimizing costs.

Under the agreement, AT&T will provide most of its workforce with cloud-based productivity and collaboration tools available with Microsoft 365, and intends to migrate non-network infrastructure applications to the Microsoft Azure cloud platform.

Price: 137.79, Change: +0.71, Percent Change: +0.52