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Wireless

Ericsson to take SEK 7.6 bln in charges to restructure loss-making BSS business

Thursday 10 January 2019 | 09:29 CET | News
Ericsson announced plans for SEK 6.1 billion in one-time charges in Q4 to restructure its BSS business. The company said its new Revenue Manager product had proven unsuccessful and had to be written off. It plans to restructure the business in order to focus on updating its existing platform, Ericsson Digital BSS. 

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Categories: Mobile & Wireless
Companies: Ericsson
Countries: World
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