HT and Ericsson Join Forces to Increase Quality of Electronic Communications Networks

July 4, 2014

Ericsson Nikola Tesla d.d. announces that on 30 June 2014, a non-binding Letter of Intent was signed between T-Hrvatski Telekom, Ericsson and Ericsson Nikola Tesla to outsource HT’s electronic communications networks construction and maintenance services.

The envisaged project includes approximately 650 employees of HT. The mentioned employees are planned to be transferred to a subsidiary of Ericsson Nikola Tesla.

We will release a public announcement with details on the project after the closure of an agreement, and obtaining of required corporate and regulatory approvals.

Communications Ericsson Nikola Tesla