Wescom Credit Union Chooses AT&T For New Network
New Agreement Broadens Decadelong Relationship
Pasadena, California, January 17, 2007
AT&T Inc. (NYSE: T) announced today that Wescom Credit Union, one of the largest credit unions in the United States, has signed a new agreement with AT&T. Under the terms of the agreement, AT&T will provide Wescom with a primary private global voice and data network, and a new Multiprotocol Label Switching (MPLS)-based disaster-recovery network. The agreement renews and expands a long-standing relationship between the two companies.
After searching for a more efficient and adaptable disaster-recovery network to replace its existing Frame Relay network, Wescom selected AT&T based on the networking company's reputation as the industry leader in MPLS networking and the long-standing business relationship between the two companies. AT&T delivered a more reliable, fully meshed Internet Protocol (IP)-based disaster-recovery network that will be used as a backup to the primary ATM network. In the event of a catastrophic failure on the ATM network, the MPLS network will transport all mission-critical financial data from Wescom's 47 remote branches to the company's newly constructed operations center in Anaheim, Calif.
"We're thrilled with the solution that AT&T has provided to Wescom," said Sam Sandhu, vice president of Information Technology at Wescom. "This is a milestone for our company, because it marks the first time in Wescom's history that mission-critical financial data will be transported over an IP-based network. Not only do we have a stellar disaster-recovery network, but by replacing Frame Relay ports and PVCs with IP circuits, Wescom has been able to lower the cost of its disaster-recovery network and simplify the process for provisioning service at new branch locations."
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About Wescom Credit Union
Wescom Credit Union is one of the largest credit unions in the country with $3.7 billion in assets. It is a not-for-profit, financial services cooperative serving 290,000 members at 47 branches throughout Southern California. Credit Union members have access to more than 25,000 free ATMs nationwide and a wide range of financial services, including free checking and free online bill paying. Membership is open to people living and working in Los Angeles, Orange, Riverside, San Bernardino, Santa Barbara, San Diego and Ventura counties. Wescom was established in 1934 as a credit union for telecommunications employees.
AT&T Inc. is a premier communications holding company in the United States and around the world, with operating subsidiaries providing services under the AT&T brand. AT&T is the recognized world leader in providing IP-based communications services to business and the U.S. leader in providing wireless, high speed Internet access, local and long distance voice, and directory publishing and advertising services. As part of its "three screen" integration strategy, AT&T is expanding video entertainment offerings to include such next-generation television services as AT&T U-verseSM TV. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at www.att.com.
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