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Exclusive-Cisco to wind down business in Russia, Belarus

2022.06.23 17:22

Exclusive-Cisco to wind down business in Russia, Belarus
FILE PHOTO: The logo of networking gear maker Cisco Systems Inc is seen during GSMA’s 2022 Mobile World Congress (MWC) in Barcelona, Spain February 28, 2022. REUTERS/Nacho Doce/File Photo

STOCKHOLM (Reuters) – Telecoms equipment maker Cisco (NASDAQ:CSCO) will wind down its business in Russia and Belarus, the company told Reuters on Thursday, as the pace of Western companies departing accelerates.

The U.S. company stopped business operations, including sales and services, in the region in March.

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