Ericsson to sell its network portability and data exchange services unit Iconectiv to Koch Equity Development for $1B; the deal is expected to close in H1 2025 (Lynn Doan/Bloomberg)

Lynn Doan / Bloomberg: Ericsson to sell its network portability and data exchange services unit Iconectiv to Koch Equity Development for $1B; the deal is expected to close in H1 2025  —  - Ericsson has been working to cut costs amid challenging market  — Koch Industries has long been a huge investor in tech firms

Aug 17, 2024 - 10:00
182139
Ericsson to sell its network portability and data exchange services unit Iconectiv to Koch Equity Development for $1B; the deal is expected to close in H1 2025 (Lynn Doan/Bloomberg)

Lynn Doan / Bloomberg:
Ericsson to sell its network portability and data exchange services unit Iconectiv to Koch Equity Development for $1B; the deal is expected to close in H1 2025  —  - Ericsson has been working to cut costs amid challenging market  — Koch Industries has long been a huge investor in tech firms

This article has been sourced from various publicly available news platforms around the world. All intellectual property rights remain with the original publishers and authors. Unshared News does not claim ownership of the content and provides it solely for informational and educational purposes voluntarily. If you are the rightful owner and believe this content has been used improperly, please contact us for prompt removal or correction.