11 Ara 2007

Ericsson rejected $931 mln order from India's BSNL

Ericsson rejected $931 mln order from India's BSNL

Sweden's Ericsson AB confirmed it has rejected an order worth 6 bln skr ($931 mln) from Indian mobile phone operator Bharat Sanchar Nigam Ltd, daily Dagens Industri reported. Ericsson secured a 60 pct share of a contract to upgrade BSNL's network in September, and was last week offered to take over the remaining 40 pct of the project, after Nokia OYJ rejected the offer to participate, Dagens Industri said.

However, Ericsson, which earlier expressed doubts about accepting the order, has now decided to turn down the offer as the group sees the timeframe for its already existing part of the contract as limited, the newspaper said citing P Balaji, who is responsible for marketing and strategy at Ericsson in India. Direkt news agency also confirmed Ericsson has rejected the order, citing company spokesperson Jana Mancova.

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