- Ericsson will continue to perform some managed services for Sprint
- Ericsson continues to be a key business partner for Sprint
- New arrangement maintains alignment with Sprint’s strategy to deliver ongoing operational performance as well as cost savings
Ericsson (NASDAQ:ERIC, news, filings) and Sprint today announced a renewal of portions of the companies’ 2009 managed services contract, which reaches its full term in September 2016.
Going forward Ericsson will continue to be a key business partner for Sprint. As part of the new relationship Ericsson will provide some multi-vendor services that support the ongoing operations, development and transformation of Sprint’s networks. Overall Network Service Assurance management of the network will be performed by Sprint.
Roger O’Hargan, Head of Network Services, Ericsson North America, says: “We are very proud of the work Ericsson has done to help Sprint achieve its business objectives over the past seven years. We look forward to continuing our partnership and helping Sprint deliver enhanced operational performance and achieve the cost advantages that can come through our managed services offerings.”
Dr. John Saw, Sprint Chief Technology Officer, says: “Sprint’s network is performing at best-ever levels, and we are proud of the progress we have made with Ericsson over the last seven years. Ericsson remains a valued strategic partner in supporting the Sprint network. As with any long-term managed services agreement, it is crucial that the relationship is regularly reviewed and adjustments made when necessary so that business strategies remain aligned.”
NOTES TO EDITORS
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Ericsson is the driving force behind the Networked Society – a world leader in communications technology and services. Our long-term relationships with every major telecom operator in the world allow people, business and society to fulfill their potential and create a more sustainable future.
Our services, software and infrastructure – especially in mobility, broadband and the cloud – are enabling the telecom industry and other sectors to do better business, increase efficiency, improve the user experience and capture new opportunities.
With approximately 115,000 professionals and customers in 180 countries, we combine global scale with technology and services leadership. We support networks that connect more than 2.5 billion subscribers. Forty percent of the world’s mobile traffic is carried over Ericsson networks. And our investments in research and development ensure that our solutions – and our customers – stay in front.
Founded in 1876, Ericsson has its headquarters in Stockholm, Sweden. Net sales in 2015 were SEK 246.9 billion (USD 29.4 billion). Ericsson is listed on NASDAQ OMX stock exchange in Stockholm and the NASDAQ in New York.
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