Home › Ericsson exploring sale of Iconectiv unit for USD 1.5-2 bln - report
 

Keywords :   


Ericsson exploring sale of Iconectiv unit for USD 1.5-2 bln - report

2020-05-04 09:20:00| Telecompaper Headlines

(Telecompaper) Ericsson is looking to sell its US call routing unit Iconectiv, Bloomberg reported, citing sources familiar with the matter. A sales advisor has been hired to help with the divestment, which has so far attracted a number of private equity firms. The unit is expected to bring in USD 1.5-2 billion.

Tags: report sale unit usd

Category:Telecommunications

Latest from this category

All news
05.02Unlocking Agility: Why Hybrid Cloud is the New Normal
Telecommunications »
17.02Farm Progress America, Feb. 17, 2025
17.02Farm Progress America, Feb. 17, 2025
17.02Firms to plan cut jobs ahead of rise in employment costs
17.02South Korea bans new downloads of China's DeepSeek AI
17.02Can Musk damage OpenAI even though his bid has failed?
17.02Takeaways from CattleCon 2025
17.02Common Sense Soap recalls beef tallow products
17.02A cattlemens balancing act
More »