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Ericsson Acquires Australian Systems Integration Company TUSC.

STOCKHOLM, Sweden -- Ericsson Australia has today announced the acquisition of the Australian company TUSC, with around 80 employees, specialized in systems integration for telecommunications, utilities and enterprises. The Australian company TUSC, is a subsidiary company of Allied Technologies Group, listed on the Australian stock exchange.

This acquisition illustrates Ericsson's (NASDAQ: ERICY) ambition to further strengthen and develop its leading position within telecommunications services and the focus areas of systems integration, telecom management and operational support systems (OSS). The TUSC acquisition also allows Ericsson to diversify its customer base into a closely related sector -- utilities.

The employees from TUSC will strengthen Ericsson's global service organization and focus on the Australian market. Hans Vestberg, Executive Vice President and head of business unit Global Services, Ericsson said, "The acquisition quickly expands the capacity and competence in Ericsson's systems integration business."

"We're also very excited to enter into network management solutions for utilities infrastructure," added Mr. Vestberg. As the industry leader within telecommunications services, Ericsson will also benefit from the strong brand name and customer relationships that TUSC has developed over the last 25 years, mainly within the operator and utility industry sector.

Ericsson has a worldwide experience from systems integration of more than 500 network management solutions, over 100 charging solutions as well as over 450 billing, mediation, activation and settlements solutions.

Ericsson is shaping the future of Mobile and Broadband Internet communications through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world.

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Publication:Business Wire
Geographic Code:8AUST
Date:Nov 24, 2005
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