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Ericsson To Buy Telecom Business In China With 1,000 Employees

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Swedish telecom equipment maker Ericsson said on Monday it was buying the telecom business of China’s Sunrise Technology with around 1,000 employees.

Ericsson said the acquired company will be integrated with its Global Services business by the second quarter of this year. The price of the deal was not disclosed. Click here to read the full post

Wahengbam Rorrkychand

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Website: http://www.blog.tonsetelecom.com

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