Microsoft's effort to catch Amazon Web Services in cloud got a major boost from a new deal with AT&T and an agreement to build out services for 5G.
success since he was elevated to CEO in 2014, and have catapulted Microsoft past $1 trillion in market cap to become the world's most valuable publicly traded company.
AT&T says it's becoming a "public cloud first" company, moving applications from its data centers to Azure and employees in its communications business to Microsoft 365, which includes Windows 10, Office 365 and mobility and security services. AT&T Communications accounts for about 78% of total company revenue.
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