Ericsson to sell its network portability and data exchange services unit Iconectiv to Koch Equity Development for $1B; the deal is expected to close in H1 2025 (Lynn Doan/Bloomberg)

Ericsson to sell its network portability and data exchange services unit Iconectiv to Koch Equity Development for $1B; the deal is expected to close in H1 2025 (Lynn Doan/Bloomberg)




Lynn Doan / Bloomberg:

Ericsson to sell its network portability and data exchange services unit Iconectiv to Koch Equity Development for $1B; the deal is expected to close in H1 2025  —  – Ericsson has been working to cut costs amid challenging market  — Koch Industries has long been a huge investor in tech firms





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