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Ericsson to acquire Sunrise Tech business in China

2015-03-16 14:54:00| Telecompaper Headlines

(Telecompaper) Ericsson has agreed to acquire the telecom business of Sunrise Technology, a Chinese provider of IT services in the operations and business support systems (OSS/BSS) domain. Following the completion of the transaction, Sunrise Technology will continue to exist as a separate entity, serving customers in sectors other than telecom. The acquired unit currently delivers IT services to Chinese operators. Around 1,000 employees will join Ericsson by this year's second quarter, subject to customary closing conditions.

Tags: business china tech ericsson

 

Ericsson in China IT services co buy

2015-03-16 01:00:00| Total Telecom industry news

Swedish vendor announces acquisition of Sunrise Technology.

Tags: services buy china ericsson

 
 

Ericsson to cut 2,200 Swedish jobs

2015-03-11 16:27:06| BBC News | Business | UK Edition

Stockholm-based mobile phone company Ericsson announces it will get rid of 2,200 jobs in Sweden as part of a cost-cutting programme.

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Ericsson to Cut as Many as 2,200 Swedish Jobs to Reduce Costs

2015-03-11 12:53:21| Appliances - Topix.net

Ericsson AB is planning to cut as many as 2,200 positions in Sweden as part of a cost-reduction plan to improve profitability amid slowing sales. The reductions, about 2 percent of the workforce, will mainly target research and development and supply functions, Stockholm-based Ericsson said in a statement Wednesday.

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Ericsson to cut as many as 2,200 Swedish jobs to reduce costs

2015-03-11 12:27:49| Wireless - Topix.net

The reductions, about 2 per cent of the workforce, will mainly target research and development and supply functions, Stockholm-based Ericsson said in a statement Wednesday. The cuts are part of a program, announced in November, to reduce costs by 9 billion kronor over three years.

Tags: to jobs costs cut

 

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