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The Times

Ericsson announces impairment charge of SEK 32 billion and provides update on Q3 earnings

  • Written by PR Newswire
  • Non-cash impairment of SEK 32 billion in the third quarter 2023, relating to the impairment of goodwill attributed to the Vonage acquisition.
  • Vonage remains critical to the enterprise strategy and Ericsson's positive outlook on the potential of the Global Network Platform remains unchanged.
  • Ericsson also announces highlights from the Q3 results with...

Read more: Ericsson announces impairment charge of SEK 32 billion and provides update on Q3 earnings

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