Ericsson in billion deal
Photo: Mikaela Landeström/TT

Ericsson in billion deal

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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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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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