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LG-Ericsson - A Joint Venture
2012-03-23![LG-Ericsson - A Joint Venture LG-Ericsson - A Joint Venture](https://varindia.com/public/index.php/storage/news/uploads/2012/03/elogo7.jpg)
Ericsson has acquired additional shares in LG-Ericsson. Before the purchase, Ericsson held 50% of the shares plus one share. After the share purchase, Ericsson holds 75%of the shares in LG-Ericsson.
LG-Ericsson is a joint venture between LG Electronics and Ericsson in which Ericsson acquired Nortel's part of the company in July 2010. The company provides customized solutions for operators and enterprises with a portfolio of mobile and fixed network infrastructure, telecom services, software, broadband, voice and data network solutions for enterprises.
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