Rcrwirlesess.com
Ericsson bolstered its operating support system operations late last week with the acquisition of Thailand-based TeleOSS Consuilting. The transaction, which is expected to close during the third quarter, includes 50 employees based in Thailand. Financial terms of the deal were not released.
Ericsson noted that TeleOSS provides OSS-related solutions to telecommunications providers, focused on the areas of inventory and traffic management and software development, and will “strengthen the company’s customer relations and OSS transformation capabilities in South-East Asia and Oceania.”
“The acquisition of the entire business of TeleOSS Consulting Ltd. will complement our capabilities in systems integration for OSS in South-East Asia and Oceania, particularly in the areas of traffic and inventory management areas to offer a wide-range of solutions to our customers,” explained Paolo Colella, head of consulting and systems integration at Ericsson in a statement. “This strategic investment is in line with our long term ambition and commitment to strengthen our capabilities in the IT transformation area.”