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Telecomm Contracts

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We are in the process of renewing telecommunication contracts, both voice and data. With the issues that are facing this industry, and with the few strong contenders remaining, I was wondering what others are doing for contract lengths (1 year, 3 year, 5 year)? Does anyone have good reasons why one would be better than another? I would be very interested in your companies position and reasons for it.

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