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Ericsson plans SEK 14.2 billion in impairment charges in Q4

2018-01-16 09:54:00| Telecompaper Headlines

(Telecompaper) Ericsson announced it will take a total of SEK 14.2 billion in impairment charges in its Q4 2017 results. In addition to writing down the value of old assets, the company will take a charge for the corporate tax reform in the US. The one-time items are expected to leave the company deep in the red for 2017.

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Category:Telecommunications

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