ERICSSON TO INVEST IN ARMENIA

YEREVAN, May 26. /Mediamax/. Ericsson Corporation is going to open enterprises in Armenia to produce mobile telephones and fiber cables. It will also establish a scientific-technical center for development of computer programs for the telecommunication sphere.
Yerevan “Azg” paper reported this today quoting the representative of Ericsson in Armenia R. Yegorian. According to him, during the recent “Armenia Investor 2001” business forum in New York, Corporate Director of Ericsson, E. Redling introduced business-plans to the President of Armenia. –0–