Adcore consolidates Telecom- positioning

2001-02-12

The new industry oriented unit Adcore Telecom & Utilities gives Adcore a higher profile in the telecom industry. The new unit complements already existing daughter companies for e.g. retail, finance and products industries.

Adcore Telecom & Utilities will assist operators, system vendors, electronics manufacturers, distributors and service companies, and contribute with innovative business and systems development to existing organisations as well as new players.

The initiative reflects an increased demand for Adcore´s professional services and a strong commitment from Adcore to serve its clients in the industry. It also manifests Adcore’s ambition to further develop its competence and value offering in a strategically important segment of the digital economy.

Adcore Telecom & Utilities will employ 20 professionals by year-end 2001. Ragnar Agnell, manager for the new unit:

“The whole telecom industry is changing significantly – mainly driven by new technology, high growth, deregulations, new entrants/niches, and a widespread tendency for organisations to climb higher in the value chain. Adcore’s mission and strength is to support clients to navigate and develop their business in this highly dynamic environment.”

Stockholm 2/12/2001

Adcore AB