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Acquisition of Nortel's stake of LG-Nortel completed
- LG-Ericsson will be one of the major telecom players in Korea
- Purchase price of USD 242 million on a cash and debt free basis
- Accretive to Ericsson's earnings within a year
The Qtel Group use Ericsson platform to deliver innovative solutions and products
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Users want to personalize their access to social applications; they demand Facebook access straight from the phone
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Qtel Group customers across Middle East, North Africa and Southeast Asia to get access to new multimedia services