Ericsson offers satellite phones, solar towers to Japan
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| Sony Ericsson logo |
Extending a helping hand to quake-hit Japan, telecom equipment maker Ericsson has offered to supply satellite phones and solar-powered towers to the Japanese government.
Ravaged by the recent earthquake and tsunami, the Japanese economy has suffered massive losses of people, property, communication lines and even damaged a few nuclear plants.
According to the World Bank , the damages due to the natural calamity could be up to USD 235 billion and the reconstruction efforts could take five years.
Going by estimates, the Japanese calamity would be one of the costliest disasters in recent times.
The estimated damage, which could account for about 4 per cent of the economy, is much more than USD 100 billion loss incurred after the 1995 Kobe earthquake.
With rising fears of nuclear radiation, many companies, including Indian IT players, have started calling back their employees from Japan.
Ravaged by the recent earthquake and tsunami, the Japanese economy has suffered massive losses of people, property, communication lines and even damaged a few nuclear plants.
According to the World Bank , the damages due to the natural calamity could be up to USD 235 billion and the reconstruction efforts could take five years.
Going by estimates, the Japanese calamity would be one of the costliest disasters in recent times.
The estimated damage, which could account for about 4 per cent of the economy, is much more than USD 100 billion loss incurred after the 1995 Kobe earthquake.
With rising fears of nuclear radiation, many companies, including Indian IT players, have started calling back their employees from Japan.
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