Editions:  Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland
Advertisement

Ericsson announces biggest ever service order

Share this article

14:53 CET+01:00
Ericsson has won an order worth 10 billion crowns to take over the operation of Hutchison's entire 3G network in Italy. This is the largest ever order for Ericsson's service division and one of the largest ever for the company as a whole.

However, according to Dagens Industri the market missed a trick on the day of the announcement, Thursday, and Ericsson's share price dropped by 2.9 per cent.

"I don't think the market realised how important this changing emphasis to services is for Ericsson," commented Helena Nordman-Knutson, telecoms analyst at Öhman.

Sources: Dagens Industri

Supplied by BECK TRANSLATIONS.

With an experienced team of in-house translators, Beck specialises in translating from Swedish into English in such areas as finance and economics, marketing and advertising, biotechnology, the environment, quality, and personnel & administration.

Get notified about breaking news on The Local

Share this article

Advertisement

From our sponsors

The power of cooperation: the secret to Swedish success?

Is the Swedish approach to leadership really as special as people think? The Local asks a non-Swedish manager at telecom giant Ericsson for a frank appraisal of Swedes' so-called 'lagom' leadership style.

Advertisement
Advertisement
Jobs
Click here to start your job search
Advertisement
Advertisement

Popular articles

Advertisement
Advertisement