Telefonaktiebolaget LM Ericsson (publ) (ERIC)
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- News Direct
Swimming in Plastic Potential: The Innovation That's Turning Trash Into Cash
We are in a plastic crisis: a material that we depend on, but are now drowning in. Turning ‘trash into cash’ – the latest spark to emerge from Ericsson ONE, Ericsson’s internal accelerator for intr...
- Reuters
Ericsson's $6.2 billion Vonage takeover delayed over U.S. review
Ericsson said on Tuesday the closing of its $6.2 billion Vonage acquisition was delayed to the end of July, from the first half of the year, due to a pending investigation by a U.S. national security panel. The Swedish telecom equipment maker agreed to buy cloud communications firm Vonage in all-cash deal in November, as part of its efforts to broaden its 5G portfolio. But, since then, Ericsson has faced a bribing scandal in Iraq that has led to the U.S. Department of Justice and the Securities and Exchange Commission (SEC) opening investigations against the company.
- Reuters
Ericsson's $6.2 bln Vonage takeover delayed over U.S. review
Ericsson said on Tuesday the closing of its $6.2 billion Vonage acquisition was delayed to the end of July, from the first half of the year, due to a pending investigation by a U.S. national security panel. The Swedish telecom equipment maker agreed to buy cloud communications firm Vonage in all-cash deal in November, as part of its efforts to broaden its 5G portfolio. But, since then, Ericsson has faced a bribing scandal in Iraq that has led to the U.S. Department of Justice and the Securities and Exchange Commission (SEC) opening investigations against the company.
