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Ericsson to take SEK 7.6 bln in charges to restructure loss-making BSS business

2019-01-10 09:29:00| Telecompaper Headlines

(Telecompaper) Ericsson announced plans for SEK 6.1 billion in one-time charges in Q4 to restructure its BSS business. The company said its new Revenue Manager product had proven unsuccessful and had to be written off. It plans to restructure the business in order to focus on updating its existing platform, Ericsson Digital BSS. 

Tags: business charges ericsson sek

 

Ericsson takes $687m hit to restructure its BSS division

2019-01-10 01:00:00| Total Telecom industry news

Swedish tech manufacturer Ericsson will take $687 million hit as it looks to reshape its Business Support Systems (BSS) unit, according to a company release.  Ericsson's was in the process of trying to scale up its BSS unit…read more on TotalTele.com »

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Daimler AG Board approves Project Future corporate restructure; goes to shareholders in 2019

2018-07-26 20:57:30| Green Car Congress

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House of Fraser restructure "on track"

2018-06-04 16:29:00| Daily apparel & textile news and comment - from just-style.com

House of Fraser says its plans to propose a company voluntary arrangement (CVA) later this month remain on track, despite media speculation it is on the brink of collapse and could only be saved by mass store closures.

Tags: house track fraser restructure

 

House of Fraser to close stores amid restructure deal

2018-05-02 16:29:00| Daily apparel & textile news and comment - from just-style.com

House of Fraser is to reduce its store portfolio as part of a company restructure which will see Chinese retail group C.banner acquire a 51% stake in the struggling UK department store retailer.

Tags: house close stores deal

 

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