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Thursday, January 10, 2019

Ericsson makes 6.1 bln SEK provision to revamp ailing BSS unit

Mobile telecom equipment maker Ericsson said on Thursday it would make cost provisions of 6.1 billion Swedish crowns ($687 million) in the fourth quarter as it shifted strategy for its loss-making Business Support System (BSS) unit.

from telecom-equipment - Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com http://bit.ly/2FkClqe

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