Ericsson sells Russian network support biz to local managers Swedish network system maker Ericsson is the latest tech business to offload its remaining operations in Russia to local management, months after saying it was going to pull out of the country "indefinitely." Under the progress outlined today, the wholly owned Russian subsidiary has signed an asset transfer agreement under …
We have asked Huawei to comment on the veracity of this report and, if correct, why it has chosen this course of action.
Why ask? The CCP has decided that supporting the tiny Russian market isn't worth the potential hassle with the West, noting in passing, how western sanctions have made cheap energy even cheaper, with Chinese companies now making money on the carry trade of < $ 60 Russian oil.
The elusive electronics wizard, known only by his codename "LoNeMan", had been recruited by FSB agents in Scotland for a nearly impossible mission: to rebuild Russia's communication networks without using any Western technologies. The country had been heavily sanctioned for its war against Ukraine, and access to Western technology was strictly limited.
LoNeMan knew that he would have to think outside the box in order to succeed. After much contemplation, he hit upon a seemingly absurd idea: to use badgers and their natural ability to communicate over long distances.
He spent weeks studying the behaviour and abilities of badgers, and soon identified the specific signals and frequencies that they used for mating. With this knowledge, he began to develop a way to encode and transmit information using those signals.
Working tirelessly in his underground laboratory, LoNeMan designed and built a series of small devices that could be implanted on the badgers' bodies. These devices were entirely manufactured in Russia, using only domestic components and technology. But what LoNeMan didn't know was that many of the components for these devices had been stolen from fridges and washing machines in Ukraine.
The team working on the project was made up of Russian engineers who were heavily drunk and barely able to walk. Despite their state, they managed to cobble together a functional network of communication nodes using the stolen components and the badgers.
However, the engineers were also very hungry, and they soon started to eat the badgers, putting the entire project in jeopardy. But LoNeMan, using the early prototype of the device, was able to summon more badgers into the laboratory, saving the project and ensuring its success.
Once the devices were ready, LoNeMan set about training the badgers to respond to certain stimuli in a specific way. By doing so, he was able to create a living, mobile network of communication nodes that could be used by the Russian military.
What Russians didn't know is that LoNeMan was a double agent and his ultimate goal was to destroy Russia. Using the network of communication nodes and the trained badgers, he was able to wreak havoc on Russia, causing widespread destruction and chaos.
The people of Russia were left in shock and disbelief, unable to comprehend the level of destruction that had been wrought by the seemingly innocent badgers and their communication network. It was only then that the truth was revealed: LoNeMan was not a human engineer, but a Loch Ness Monster in disguise hoping to get his reward of treefiddy. And with that, he disappeared back into the depths of the Loch Ness, never to be seen again.
Sounds like a total windfall for the locals. I am envious.
Western owners and manglement are forced to dump the former monopoly cash cow and now utterly unsaleable albatross onto the staff
OK so parts and so on are going to be a total headache, but it's not a communist country so cost plus. It's not like they can just abandon the cellphone network.
Then in a decade or so when the west has gotten over it's mad, and they are all looking to retire, they can sell it back to Ericsson.
I don't think they will be so easily able to run the privatisation - nationalisation scam cycle that is operated in many countries with gay abandon.
The sale may look good, but they're going to be cut off from the supply network as they'll find obtaining kit a bit challenging under sanction.
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