Ericsson announces sale of iconectiv
ERICEricsson(ERIC) Prnewswire·2024-08-17 04:44

iconectiv is a US subsidiary of Ericsson acquired in 2012, and a provider of network number portability solutions and data exchange servicesThe divestment will allow iconectiv to continue its growth trajectory under the new ownership of Koch Equity Development LLCSTOCKHOLM, Aug. 16, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) announces that it has entered into a binding agreement with Koch Equity Development LLC in relation to the sale of iconectiv (the "Transaction").Ericsson's cash benefit from the Trans ...