Ericsson Gets $1 Billion Software Deal From VimpelCom
June 13 2016 - 5:42AM
Dow Jones News
By Dominic Chopping
STOCKHOLM--Wireless telecom-equipment maker Ericsson AB (ERIC)
said Monday it has signed a software deal with Amsterdam-based
VimpelCom Ltd. (VIP) worth over $1 billion.
It said the deal will see Ericsson overhaul VimpelCom's IT
infrastructure across 11 countries, using new software and cloud
technologies, allowing it to deliver new digital services.
-Write to Dominic Chopping at dominic.chopping@wsj.com; Twitter:
@domchopping @WSJNordics
(END) Dow Jones Newswires
June 13, 2016 05:27 ET (09:27 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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