The STC Group along with the Maxis and Oger Groups and part of their global synergy creation activities, have selected Ericsson as one of their preferred global vendors for network infrastructure, it was revealed on Sunday.
The 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.
The STC Group along with the Maxis and Oger Groups have reached a leading position in the global mobile and fixed telecommunication markets. In 2010 the groups jointly launched a series of global initiatives focused on capturing synergies across their 9 operating companies and on working with best-in-class global suppliers to become preferred partners based on value creating agreements.
One of the initiatives is to focus on technology infrastructure synergies, with an objective of developing a global price book and formalizing 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,” Ghassan Hasbani, CEO STC International, said.