Flextronics Completes Acquisition of Orbiant From Telia

Jan 03, 2002

DECEMBER 28, 2001--Flextronics (Singapore) today completed its 91 percent acquisition of The Orbiant Group from Telia (Stockholm, Sweden), Sweden's largest telecommunications network provider. The acquisition of Orbiant allows Flextronics to expand its network services business, offering design, installation, operation, maintenance and management of networks and other equipment for fixed and mobile data and telecommunications.

Ronny Nilsson, president of Flextronics Western Europe, has been appointed to president of Flextronics Network Services. Nilsson will be responsible for all of Flextronics Network Services' activities globally.

The 5,400 Orbiant employees are being integrated with Flextronics Network Services, which now employs 6,500 people worldwide.

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