Axiata, Ericsson enter into strategic cooperation
Sunday, 7 November 2010
Axiata Group Berhad, one of Asia's largest telecommunications companies has entered into a five-year strategic global framework arrangement with Ericsson, a leading provider of telecommunications equipment and related services.
In the agreement, one of the most comprehensive and advanced in the industry, both Axiata and Ericsson have agreed to work together to establish a streamlined procurement platform which will realise business efficiencies and competitive advantage through cash flow improvement and timely purchasing. The agreement will also enable Axiata to leverage on its volume, across five countries in the region, for pricing arrangements which will ultimately translate into cost savings for Axiata Group.
In the agreement, one of the most comprehensive and advanced in the industry, both Axiata and Ericsson have agreed to work together to establish a streamlined procurement platform which will realise business efficiencies and competitive advantage through cash flow improvement and timely purchasing. The agreement will also enable Axiata to leverage on its volume, across five countries in the region, for pricing arrangements which will ultimately translate into cost savings for Axiata Group.