Ericsson announces biggest ever service order
The Local Sweden - [email protected]
Published: 25 Jan, 2005 CET.
Updated: Tue 25 Jan 2005 14:53 CET
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.
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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.
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