Fujitsu Ltd has bought out GTE Corp’s stake in the Fujitsu-GTE Business Systems US joint venture that sells PABXs, but the successor company, under the Fujitsu Business Communications Systems name will continue to do maintenance and perform other services for GTE customers, and at the same time will sell Fujitsu-made PABXs – and already has a $3.1m order for a big 13,000-line PABX from Union Pacific Railroad, a major customer of GTE.
FUJITSU BUYS OUT GTE STAKE IN JOINT VENTURE
