Bangkok--10 Sep--Ericsson
Ericsson closes acquisition of TeleOSS business in Thailand
- The acquisition strengthens Ericsson’s systems integration capabilities for OSS in Southeast Asia and Oceania
- Approximately 50 services professionals will join Ericsson
- TeleOSS will continue to be based in Thailand and its entire business is part of Ericsson as of September 2, 2013
Ericsson (NASDAQ: ERIC) today announces the completion of its acquisition of the entire business of TeleOSS Consulting Ltd. in Thailand through a business transfer agreement. Today’s announcement of the closing of the deal on September 2, 2013, follows the initial announcement of Ericsson’s intention to purchase TeleOSS on July 12, 2013.
“The acquired capabilities, especially in the areas of traffic and inventory management, together with Ericsson’s extensive offering in the OSS area, complement our wide range of solutions. This enables us to offer high-quality service delivery to our customers and further strengthen our customer relations in Southeast Asia and Oceania,” says Paolo Colella, Head of Consulting and Systems Integration at Ericsson.
The acquisition also complements Ericsson’s comprehensive Operations Support Systems product portfolio.
Approximately 50 skilled consulting and systems integration professionals will be welcomed and integrated into Ericsson in Thailand over the coming months, and will work under the Ericsson brand as of September 2, 2013.
Ericsson is the clear market leader in telecom services worldwide, providing a wide range of services to operators. Ericsson’s Consulting and Systems Integration (CSI) business line assists communications service providers and operators in driving business transformation and ensuring competitiveness at the intersection where IT meets networks.
Ericsson has about 15,000 consulting and systems integration experts globally and delivers more than 1,500 consulting and systems integration projects on a yearly basis. Ericsson offers a combination of strong services capabilities and a comprehensive software portfolio that enables customers to transform their operations and IT environments, improve the user experience, increase efficiency and enable service innovation.