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Ericsson in billion deal

» Published: August 17 2024

Ericsson in billion deal
Photo: Mikaela Landeström/TT

The telecom giant Ericsson is selling its American subsidiary Iconectiv, which it acquired in 2012. The sale corresponds to approximately 10.6 billion kronor for Ericsson after deductions for expected taxes, among other things, the company writes in a press release.

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By TT. This article has been altered and translated by Sweden Herald

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