Cisco Systems strikes Swedish telecomms deal

Cisco Systems strikes Swedish telecomms deal
Richard Wilson
Cisco Systems has made a foray into the European telecommunications equipment market with the signing of a network building deal with the Swedish telephone operator, Telia.
The deal for a national network to support Internet traffic in Sweden is one of the most significant examples to date of how networking companies like Cisco can compete in the network markets of traditional telecoms equipment suppliers.
Telia contract which is worth $60m is unlikely in itself to make an major impact on this year’s European telecoms equipment market which is likely to be worth in excess of $50bn. But its significance will not be lost on suppliers like Marconi, Alcatel and Siemens.

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