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
07.01Microsoft 365 Copilot Business Signals a New Phase of AI Adoption for SMBs
04.01From AI Ambition to Enterprise Reality: Your Playbook for Winning the AI Game
Telecommunications »
10.01This Week in Agribusiness, January 10, 2026
10.01This Week in Agribusiness, January 10, 2026
10.01Musk says X outcry is 'excuse for censorship'
10.01'Out of stock': What went wrong at luxury retailer Saks?
10.01'Unprecedented' numbers seeking debt help post-Christmas, say charities
10.01'Unprecedented' numbers seeking debt help post-Christmas, say charities
09.01Trump's Venezuela oil meeting starts with few concrete promises
09.01EU reaches South America trade deal after 25 years of talks
More »