Ericsson has decided to divest Ericsson Local Services (LSS), a subsidiary of Ericsson, to Sweden-based Transtema Group.
Ericsson Local Services, which is supplying field service operations, builds network infrastructure and handles the maintenance of fixed and mobile networks in Sweden.
This divestment is in line with Ericsson’s business strategy, a key part of which is Managed Services and operating networks on behalf of customers. The divestment indicates that Ericsson will no longer sell new standalone field services projects.
Ericsson Local Services is a market leader in field service operations in Sweden with a skilled workforce of approximately 700 employees across the country, said Per Narvinger, head of Customer Unit Northern & Central Europe, Market Area Europe & Latin America, Ericsson.
Ericsson manages the Network and IT operations and Network Design and Optimization for customers in over 100 countries, providing cost-efficient performance via smart automation, analytics and business practice.