Deal calls for each company to resell the other's products, expand services, merge mobile and fixed-line networks
Reuters
BARCELONA (Reuters) - The $1 billion in added revenue Cisco and Ericsson each expect to see by 2018 from their new partnership to build next-generation networks is just the beginning, top executives said on Wednesday.
Executives at both Cisco and Ericsson said in an on-stage interview that they expected "at least" $1 billion a-piece during the first phase of the partnership announced this week, but that they had bigger ambitions for the years to come.