TELECOMMUNICATIONS
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From Times Staff and Wire Reports
MCI Wins $1-Billion Contract: MCI Communications Corp. said it received a $1-billion, five-year contract to provide services to Insurance Value Added Network Services, the insurance industry’s electronic communications network. The contract is the largest ever for MCI, the nation’s No. 2 provider of long-distance services. The company said it will provide domestic and international voice, data, imaging and video conferencing services to the more than 400 members of the network.
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