Flextronics and Ericsson Sign Agreement to Provide Network Services In the United States and Canada
SINGAPORE, Dec. 18 /PRNewswire/ --
Flextronics International Ltd. (Nasdaq: FLEX), a world-class electronics
manufacturing services (EMS) provider focused on delivering end to end
solutions to original equipment manufacturers, and Ericsson (Nasdaq: ERICY),
today announced that they have entered into a contractual agreement for the
provision of network services throughout the United States and Canada.
Under
the terms of the agreement, Flextronics Network Services, a business unit of
Flextronics International, will provide Ericsson a full complement of network
services, including, but not limited to, network engineering, site acquisition
and construction, network deployment, network maintenance and program
management. Ericsson has selected Flextronics Network Services as one of their key
suppliers to help meet the growing demand for fast rollout of wireless
networks in North America.
The agreement is part of Ericsson's strategy for
leadership in 3G, and the continued outsourcing of non-core activities to
world-class partners. Kurt Conklin, Vice President of Flextronics Network Service, stated, ``The
services to be provided to Ericsson through this agreement leverage the
breadth and depth of Flextronics Network Services' expertise, skills and
specialized knowledge.
The flexibility, resourcefulness and responsiveness of
our engineers, installers and testers will be critical to achieving speed to
market of Ericsson's telecommunications equipment.'' ``The sourcing of selected engineering and implementation activities from
world-class partners is fundamental to Ericsson's focus on meeting our
customer's needs,'' said Ingvar Ericsson, Vice President Network Rollout,
Division Global Services of Ericsson.
``The combination of Ericsson and
Flextronics Network Services' expertise and personnel will ensure that we can
meet the growing demand for both today's networks and the next generation of
telecommunications systems.'' About Ericsson Ericsson is the leading communications supplier, combining innovation in
mobility and Internet in creating the new era of mobile Internet.
Ericsson
provides total solutions covering everything from systems and applications to
mobile phones and other communications tools.
With more than
100,000 employees in 140 countries, Ericsson simplifies communications for
customers all over the world.
Read more at http://www.ericsson.com/pressroom. About Flextronics Headquartered in Singapore, Flextronics International is a leading
provider of flexibility and speed in Electronics Manufacturing Services (EMS)
to Original Equipment Manufacturers (OEMs) in the fast-growth communications,
networking, computer, medical and consumer markets.
Flextronics is a major
global operating company with design, engineering and manufacturing operations
in 27 countries and four continents.
This global presence allows for
manufacturing excellence through a network of global facilities situated in
key markets that in turn provide its customers with the resources, technology
and capacity to maximize productivity.
Flextronics' ability to provide design
and manufacturing services, coordinate innovative product design, provide a
full spectrum of specialized services and IT expertise, in conjunction with
their global presence, establishes Flextronics as a top-tier EMS provider.
For further information, please visit the Flextronics Web site at
www.flextronics.com. This news release contains forward-looking information within the meaning
of Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934, and is subject to the safe harbor created by those
sections.
These forward-looking statements include statements related to
Flextronics' relationship with Ericsson, and the market demand for its
products.
These forward-looking statements involve a number of risks and
uncertainties that could cause the actual results to differ materially from
those anticipated by these forward-looking statements.
These risks, and other
risks, are described in Flextronics' periodic reports filed with the SEC
including its most recent Annual Report on Form 10-K and Quarterly Report on
Form 10-Q.
Flextronics assumes no obligation to update the information
contained in these documents.
|