Singapore (ots) - Flextronics Network Services today announced
that it has acquired Construtora JR Paulista LTDA in Brazil, from
Algar Telecom S.A, a subsidiary of the Brazilian telecommunications
and agribusiness conglomerate, the Algar Group. Flextronics Network
Services is a business unit of Flextronics (NASDAQ: FLEX) and a
global, independent leader in multi-vendor network services for
mobile and fixed networks.
JR Paulista is a major network services supplier to the market-
leading, fixed-line telecommunications carrier, Telefonica, and upon
completion of the acquisition, Flextronics Network Services will
continue to serve as a supplier to Telefonica in Brazil and the
greater Latin American region.
In addition to increasing its global presence and headcount in
Latin America, Flextronics Network Services will also expand its
service offering by adding indoor site maintenance for
telecommunication switches. The company will also enhance its
established business of outdoor construction and maintenance of
telecommunications network equipment and cabling by providing power
supply and air conditioning services in the region.
"This deal strengthens our position to become the leading and
independent supplier of on site network services with multi-vendor,
multi-technology competencies in Latin America," said Ronny Nilsson,
President of Flextronics Network Services. "We look forward to
Telefonica and other industry leaders benefiting from the additional
on site network services that we are now able to offer this region."
The acquisition is subject to subsequent regulatory approval.
About Flextronics Network Services
Flextronics Network Services, a business unit of Flextronics, is a
global, independent leader in multivendor network services. With a
broad range of network and field services for fixed and mobile
operators and systems vendors, Flextronics Network Services, builds,
and maintains data and telecom networks for many of the world's
largest operators, equipment vendors, and enterprise customers.
Flextronics Network Services has established a leading position in
the global marketplace as a valued supplier of IT and communications
technologies, as well as advanced 3G services. For more information,
please visit www.FlextronicsNetworkServices.com.
About Algar Telecom
Algar Telecom has its headquarters in the city of Uberlandia,
state of Minas Gerais, and is the holding company for the
telecommunication businesses of the Algar Group. The divestment of JR
Paulista, bought 4 years ago, is being made for general funding
About JR Paulista
JR Paulista is in charge of maintenance and construction of an
area of the telecom network of Telefonica in the city of So Paulo
corresponding to more than half a million terminals. It has performed
as one of the best engineering companies serving Telefonica during
the last years, following this operating company's own qualifying
criteria. It is fully equipped with top technology hardware and its
personnel are kept under a permanent training program.
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