Printer Friendly

STC Group streamlines global procurement.

Saudi Arabia's STC Group , its Malaysian unit Maxis, and Oger Group , which is 35%-owned by STC, have selected Ericsson as one of their preferred global vendors for network infrastructure.

The move is part of a strategy by the telcos to streamline procurement and reduce costs. It follows an agreement in 2010 that saw the three operators launch initiatives to capture synergies across their nine operating companies.

One of the initiatives is to focus on technology infrastructure synergies, with an objective of developing a global price book and formalising volume discounts based on overall groups scale.

"We drive synergies from scale and scope but also from knowledge and foresight to accelerate creativity, development and innovation," said Ghassan Hasbani , CEO, STC International.

The new agreement will allow Ericsson to offer its portfolio of network infrastructure equipment though a global price structure based on total business in Bahrain, India, Indonesia, Kuwait, Malaysia, Saudi Arabia, South Africa and Turkey.

2012 ITP Business Publishing Ltd. All Rights Reserved.

Provided by an company
COPYRIGHT 2012 Al Bawaba (Middle East) Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2012 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Date:Jul 23, 2012
Previous Article:Nawras partners with TCL for Global VPN.
Next Article:Batelco inks MoU with Bahrain Development Bank.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters