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
28.02Fostering Leadership with the Fanatical Leadership Academy at Rackspace University
Telecommunications »
14.03UK economy shrank unexpectedly in January
14.03Car sharing switches to electric to boost appeal
14.03Exclusive: Every McDonald's in Britain warned of legal action over failing to tackle staff sex abuse
13.03Continental Refining Company targets Southeastern feed mills for cattle-formulated UltraBlend Soymeal
13.03Glenn Laursen Brinkman
13.03U.S. cattle producers hail new WOTUS guidance
13.03Judge orders Trump administration to give fired workers their jobs back
13.03Warning Thames Water collapse could cost taxpayers billions and hit pensions
More »