TelecomTV TelecomTV
  • News
  • Videos
  • Channels
  • Events
  • Directory
  • Smart Studio
  • Surveys
  • Debates
  • Perspectives
  • DSP Leaders World Forum
  • DSP Leaders
  • Great Telco Debate
    • |
    • Follow
    • |
    • Subscribe
  • |
  • More
  • Webcasts
  • Surveys
  • Debates
  • Perspectives
  • Great Telco Debate
  • |
  • Follow TelecomTV
  • |
    • Subscribe
    • |
  • About
  • Privacy
  • Help
  • Contact
  • Follow TelecomTV
  • About
  • Privacy
  • Help
  • Contact
  • Sign In Register Subscribe
    • Subscribe
    • Sign In
    • Register
  • Search

Tracker

TelecomTV TRACKER

Sourced by TelecomTV's TRACKER platform
from Ericsson

Tracker

Ericsson and Abengoa sign agreement for the transfer of Spanish fiber-services leader Abentel

Via Ericsson

Jul 6, 2016

July 6, 2016, 10:21 (CEST)

  • Further enhances Ericsson's comprehensive end-to-end fiber services offering

  • About 500 fiber services experts will join Ericsson

  • Ericsson plans to leverage globally on Abentel's competence and skills to continue growing in this field

  • Closing of the deal expected during Q3

Ericsson (NASDAQ:ERIC) and Abentel, an Abengoa (NASDAQ:ABGB) subsidiary, entered an activities transfer agreement, under which Abentel's assets, projects and employees will be transferred to Ericsson, further enhancing its comprehensive end-to-end fiber services offering.

The agreement reinforces Ericsson's leadership position in telecommunication services specifically in Fiber Network Deployment and maintenance, where Ericsson is conducting important projects in different countries.

About 500 services professionals specialized in fiber networks roll-out and maintenance services will join Ericsson, bringing a relevant set of skills to continue expanding in the growing field of fiber-related services.

Bringing together the competence, tools and process of both companies will allow Ericsson to create a global hub for fiber services, from where to continue strengthening its presence in this growing market.

The demand for fiber-optic transmission is rapidly growing to accommodate increasing bandwidth requirements driven by new applications, specifically video services. According to the Ericsson Mobility Report 85 percent of data traffic generated by the use of smartphone video apps goes over Wi-Fi, mainly indoors.

Richard Hoepner, Head of Network Roll-Out and Customer Support, Ericsson, says:

"Fiber is a key component for the next generation all-optical IP network. By acquiring Abentel's capabilities and coupling them with Ericsson's world-class service offering, Ericsson can deliver unmatched scalability for its customers' fiber projects. This agreement is a winning combination as it brings together the global leader in telecommunications services with one of the leading fiber-related service provider in Spain."

Ericsson has a global best practice based end-to-end Fiber Network Deployment offering with services for Planning & Design, Build and Project Management. Ericsson's fiber deployment methodology and integrated, end-to-end real-time tools give the company unique capabilities to efficiently scale large and complex projects.

Ericsson is the leading provider of network roll-out services worldwide with a solid track record and global footprint of Managed Fiber Network Operations. Additionally, Ericsson has partnerships in place to enable competitive supply and provisioning of complete broadband access solutions. The transfer and integration of Abentel's business - including approval from Spanish competition authority -is expected to be completed during Q3.

Related Topics
  • Announcement,
  • Ericsson,
  • Europe,
  • News,
  • Tracker

More Like This

Access Evolution

DISH to acquire Republic Wireless

Mar 8, 2021

Open RAN

Casa Systems unveils revolutionary 5G O-RAN mid-band radio

Mar 8, 2021

Access Evolution

Nokia to supply Cibicom with mission critical LTE network across Denmark

Mar 8, 2021

Sustainability

IBM study finds advancing women is not a top priority for 70 percent of global organizations surveyed

Mar 8, 2021

Sustainability

Cloud Computing could eliminate a billion tons of CO2 emissions over the next four years, claims IDC

Mar 8, 2021

This content extract was originally sourced from an external website (Ericsson) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

Email Newsletters

Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.

Subscribe

Top Picks

Highlights of our content from across TelecomTV today

18:43

Cloud Native Isn’t Enough - Telcos Need to Adopt Webscale Applications

35:16

Defining a new DSP/vendor dynamic for better business outcomes

22:44

Telefónica CTIO Enrique Blanco on the potential of an open ecosystem

38:50

Strategic options for telco cloud deployments

  • TelecomTV
  • Decisive Media

TelecomTV is produced by the team at Decisive Media

Menu
  • News
  • Videos
  • Channels
  • Directory
  • Smart Studio
 
  • Surveys
  • Debates
  • Perspectives
  • Events
  • About Us
Our Brands
  • TelecomTV Tracker
  • TelecomTV Perspectives
  • DSP Leaders
  • DSP Leaders World Forum
  • The Great Telco Debate
Get In Touch
[email protected]
+44 (0) 207 448 1070

Request a Media Pack

Follow
  • © Decisive Media Limited 2021. All rights reserved. All brands and products are the trademarks of their respective holder(s).
  • Privacy
  • Terms
  • Legal Notices