Cybercom signs contract with leading telecom giant


2008-01-29, 08:00
Cybercom signed a new frame agreement with a leading telecom company – to be this company's global supplier for IT consultancy services during 2008 and 2009. The agreement covers the customer's needs for development and administration of applications and IT solutions.

“This is a strategic frame agreement and very significant for Cybercom. The telecom industry faces major challenges of increased competition and increased demands for cost-effective solutions,” says Patrik Boman, president and CEO of the Cybercom Group. “These requirements drive the pace of technical development – particularly within telephony. Cybercom has strong offerings and skills in telecom services that range from business systems to network and terminal solutions."

Cybercom’s extensive experience in telecom, with expertise and broad experience of media and the Internet, make its proposition unique. The fast evolution of triple play, in which telephony, broadband, and television converge, make Cybercom’s customer propositions very competitive. Its ability to meet demands for cost-efficient production through outsourcing to its operations in China and India are also crucial. This frame agreement illustrates that customers know Cybercom can deal with this trend.

“This is a key customer for us, and we have a long relationship,” says Håkan Gillman, business division manager at Cybercom Sweden East. “We're delighted to get this extended show of trust. In addition, the offshore-linked delivery requirement has become more crucial. As a selected partner, Cybercom has fantastic opportunities for more exciting projects and assignments."

For more information, contact:
Patrik Boman, CEO and president, Cybercom Group +46 73 983 89 79
Håkan Gillman, business division manager, Cybercom Sweden East +46 70 949 13 88
Patrik Anshelm, acting IR and communications manager, Cybercom Group +46 70 971 12 84

About Cybercom
The Cybercom Group is a high-tech consultancy that offers global sourcing for end-to-end solutions. The Group established itself as a world-class supplier in these segments: portals, mobile solutions, embedded systems, e-commerce, and business support systems. Thanks to its extensive industry and operations experience, Cybercom can offer strategic and technological expertise to these markets: telecom, Internet, and media (TIM); banking and financial services; automotive; national defence; and the public sector. The Group employs about 1850 persons and runs projects worldwide. Cybercom has 27 offices in 11 countries. Since 1999, Cybercom’s share has been quoted on the OMX Nordic Exchange. Find out more at: www.cybercomgroup.com.

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