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Home › Ericsson exploring sale of Iconectiv unit for USD 1.5-2 bln - report

 

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.

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