Ericsson divests business in Russia

Telecom equipment maker Ericsson said it had divested a customer support operation in Russia.
Ericsson strategy
The new owners of the business, that has some 40 employees, come from the management of Ericsson’s Russian subsidiary.

Ericsson has previously announced it had decided to wind down its Russian businesses that used to employ 400 people.

Latest

More like this
Related

Huawei retains lead in high-end router market in 3Q

Huawei has retained its leading position in the high-end...

Nokia inks 4G and 5G equipment deal with Bharti Airtel

Nokia announced its new deal with Bharti Airtel to...

Huawei gains share in RAN market: Dell’Oro

The RAN market declined for the sixth consecutive quarter...

Nokia buys Rapid’s technology assets in API push

Nokia has acquired Rapid’s technology assets, including its extensive...