Eurocom Communications is controlled by CEO Shaul Alovitz and the Arison family
Hebrew daily “Yediot Ahronot” reports that Eurocom Communications is about to close eight service centers for Nokia (NYSE; LSE; HEX:NOK) wireless devices.
Eurocomm is controlled by CEO Shaul Alovitz and the Arison family. Industry sources believe that Eurocom will fire 70-90 technical staff as part of its restructuring.
Eurocom operates Nokia service centers for Cellcom and Partner Communications (Nasdaq: PTNR; TASE:PTNR; LSE:PCCD) subscribers with Nokia devices. Eurocom recently opened stores to sell Nokia devices. Cellcom and Partner will reportedly hire ten to twenty of the laid-off Eurocom employees.
Published by Globes [online] - www.globes.co.il - on May 12, 2004