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Broadband

Hexatronic to acquire Ericsson's fibre cable, duct business

Tuesday 24 May 2016 | 18:18 CET | News
Ericsson and Hexatronic entered into an agreement for Hexatronic to acquire the Ericsson fibre cable and duct business in Wellington, New Zealand. Hexatronic offers all 19 Ericsson employees who are currently employed in the business, employment in the continuing business. Hexatronic intends to operate and develop the existing fibre cable and duct business in New Zealand on a long-term basis. The acquisition takes place as a transfer of business and the new company will be named Hexatronic New Zealand. Hexatronic will take over the existing customer accounts from Ericsson. The transaction has

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Categories: Fixed
Countries: New Zealand
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