Verizonís willingness to give the federal government unfettered access to its customersí phone records is paying off handsomely for the telecommunications giant.
on August 16:
The U.S. Department of the Interior
has selected Verizon to participate in a $10 billion, 10-year contract to provide cloud and hosting services. This is potentially one of Verizon's largest federal cloud contracts to date.
Verizon is one of 10 companies that will compete to offer cloud-based storage, secure file transfer, virtual machine, and database, Web, and development and test environment hosting services. The company is also one of four selected to offer SAP application hosting services.
Each of the 10 agreements awarded under the Foundation Cloud Hosting Services contract has a potential maximum value of $1 billion.
Put simply, not only has Verizon not suffered a loss of customers since revelations of its collusion with the National Security Agencyís dragnet surveillance of millions of Americansí phone records, but now the company is being paid billions for its cooperation.