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France Telecom and Ericsson form strategic alliance to jointly develop IP multimedia services for consumers
February 13, 2004
PARIS -- France Telecom and Ericsson announced today the signing of a Memorandum of Understanding (MoU), in order to jointly develop IP Multimedia Services for the consumer market. This strategic agreement focuses on developing new services that will enhance consumer experiences and reachability, and leverage on both fixed and mobile network services.
The Memorandum of Understanding includes :
the establishment of joint research and development teams,
the sharing of R&D funding,
and the principle of sharing intellectual property resulting from the partnership.
For France Telecom, this partnership fits into its strategy to develop new and innovative integrated services for its customers independent of the access network they are using. It also marks the commitment taken by France Telecom to join forces with industry leaders in order to leverage resources and expertise and offer the best services to its end customers.
This partnership further recognizes Ericsson’s ability to positively contribute to the development of value-added IP Multimedia Services for the benefit of consumers by leveraging on its understanding of consumer trends, in-depth market knowledge and unique R&D capabilities.
Both companies are convinced of the need to develop new types of relationships between telecommunications operators and equipment vendors in order to cope with the challenges of increasing competition and the convergence of the telecom, IT and multimedia industries.
LM Ericsson
France Telecom SA
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