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Ericsson sets aside over 1bn for US corruption probe

2019-09-26 02:00:00| Total Telecom industry news

Ericsson estimates the cost of resolving an ongoing US corruption investigation to come in at around 12 billion kronor (€1.1 billion/US$1.2 billion) and has made a provision in that amount that will hit its third quarter results. The Swedish vendor has been under investigation in the US since 2013…read more on TotalTele.com »

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