Ericsson divests its local customer support business in Russia
- Ericsson continues orderly exit from operations inRussia
- Local operational managers acquire Ericsson's customer support business inRussiaand will provide customer support for mobile operators inRussia
- All Ericsson customer engagement inRussiaintended to be terminated by end of year
STOCKHOLM,Dec. 15, 2022爱立信(纳斯达克:从ERIC) wholly owned Russian subsidiary has entered into an asset transfer agreement to divest its local customer support business inRussiato a Russian company owned by former operational managers of Ericsson´s Russian subsidiary.
The transaction includes a transfer of approximately 40 Ericsson employees, and certain assets and contracts related to the business.
The customer support business is a local business engagement that does not involve the export of hardware, software, or related services to mobile operators inRussia.
FollowingRussia'sinvasion inUkraine, Ericsson announced the suspension of operations and deliveries to customers inRussiaand an orderly wind-down in accordance with applicable sanctions. Approximately 400 Ericsson employees inRussiahave been notified of layoffs and have been leaving the company as operations have been discontinued.
Going into 2023, Ericsson expects to have a small presence inRussiaon a local basis. A legal entity owned by Ericsson will continue to be registered to complete the wind-down and to fulfill legal, contractual, and administrative requirements.
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Ericsson divests its local customer support business in Russia |
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