Ericsson appoints Rima Qureshi as Chief Strategy Officer Ericsson appoints Rima Qureshi as Chief Strategy Officer for the Ericsson Group where she will also drive the company's mergers and acquisitions strategy and activities. In addition, she will serve as chairman of Business Unit Modems. Rima Qureshi has been senior vice president and part of Ericsson's Executive Leadership Team since 2010.
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Ericsson contract with MTS upped to exceed $1.5B, Reuters says Russia's MTS said that it had raised the value of its contract with Ericsson to exceed $1.5B, reported Reuters. MTS noted that it agreed to an extra $286M contract with the Swedish company for the broadening and modernization of its 2G, 3G and LTE networks throughout Russia. Reference Link