ericsson buys telecom unit of chinas sunrise technologies
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

After announcing major redundancies in Sweden

Ericsson buys telecom unit of China's Sunrise Technologies

Arab Today, arab today

Arab Today, arab today Ericsson buys telecom unit of China's Sunrise Technologies

Swedish telecoms group Ericsson
Stockholm - Arab Today

Swedish telecoms group Ericsson said Monday it has bought the telecom division of a Chinese IT services company, adding 1,000 employees to its payroll less than a week after announcing major redundancies in Sweden.
"The acquisition of Sunrise Technology's telecom business will boost our ability to serve mobile operators' IT transformation needs in China," the group's vice president Magnus Mandersson said in a statement.
"Most of the country's telecom operators ... will soon replace their legacy IT systems with next-generation solutions," he added, highlighting opportunities for growth in the world's largest mobile phone market.
Most of the employees transferred to Ericsson are based in Guangzhou in southern China.
The announcement came just five days after Ericsson announced it was shedding 2,200 jobs in Sweden "mainly in R&D and supply" in order to cut costs.
Last year the group said it would refocus its business on telecom equipment and networks and abandon modems.
Ericsson employs nearly 120,000 people worldwide.
Source: AFP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

ericsson buys telecom unit of chinas sunrise technologies ericsson buys telecom unit of chinas sunrise technologies

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

ericsson buys telecom unit of chinas sunrise technologies ericsson buys telecom unit of chinas sunrise technologies

 



GMT 10:06 2012 Saturday ,28 July

Querrey advances at ATP LA Open

GMT 21:15 2017 Thursday ,01 June

Trump condemns deadly Kabul explosion

GMT 02:15 2017 Thursday ,24 August

Is your country on the Qatar free entry list of 80?

GMT 19:48 2016 Monday ,03 October

Controversial boxing champ Tyson Fury retires

GMT 08:20 2015 Tuesday ,08 December

PC market woes show no sign of easing

GMT 17:27 2017 Tuesday ,25 April

20 Yemeni soldiers killed, injured in explosion

GMT 11:52 2017 Saturday ,30 December

OIC condemns Mar Mina Church attack

GMT 00:03 2017 Saturday ,25 March

Arab Meeting to Examine Anti-Corruption Methods

GMT 13:12 2017 Thursday ,20 April

Deputy premier meets Arab League chief

GMT 14:13 2014 Friday ,10 January

Opel Astra GTC

GMT 18:27 2016 Tuesday ,02 August

Turkish Foreign Minister arrives in Islamabad

GMT 11:27 2016 Tuesday ,13 December

Saudi woman arrested for challenging social norms
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday