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Nov 08, 2013

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Chris Ratcliffe/Bloomberg

By Bob Drummond and Scott Moritz, Bloomberg

The Central Intelligence Agency has negotiated contracts with AT&T (T:US) Inc. and other U.S. companies to mine their databases for records of communications, including financial transactions, of suspected terrorists overseas.

The agreement with AT&T, the largest U.S phone company, costs the CIA more than $10 million a year, said a former U.S. official who worked in the effort to track down terrorist suspects, drug cartels, fugitives and other targets of interest by searching through overseas communications.

It mirrors similar arrangements with other intelligence and law enforcement agencies, including the FBI, the National Security Agency, the Drug Enforcement Agency and the Department of Homeland Security, the former official said, asking not to be named discussing classified information.

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