Will Ericsson Buy Networks?
6:40 AM -- Ericsson AB (Nasdaq: ERIC)'s VP of managed services, Valter D’Avino, has provided a potential next step for managed services players -- to team up with financiers and buy network assets from carriers, reports Bloomberg.
Ericsson is already running hundreds of networks around the world that deliver services to more than 750 million end users. The next step, said D’Avino at a recent Morgan Stanley conference in Barcelona, would be to acquire some network assets that could be used to support multiple service providers. (See TIC Renews Ericsson Managed Services Deal , Ericsson Lands China Unicom Deal , Ericsson Scores German Managed Services Deal, and Ericsson Gets a Brazilian.)
— Gagandeep Kaur, India Editor, Light Reading