Ericsson expects a $1.1B noncash impairment charge in Q2 for its 2022 purchase of cloud communications company Vonage, after a $2.9B impairment charge in 2023 (Sabela Ojea/Wall Street Journal)
Sabela Ojea / Wall Street Journal:
Ericsson expects a $1.1B noncash impairment charge in Q2 for its 2022 purchase of cloud communications company Vonage, after a $2.9B impairment charge in 2023 — Swedish telecom-equipment company cites lower-than-expected growth at Vonage cloud subsidiary — Ericsson said it expects …
http://www.techmeme.com/240703/p28?utm_source=dlvr.it&utm_medium=blogger#a240703p28
Ericsson expects a $1.1B noncash impairment charge in Q2 for its 2022 purchase of cloud communications company Vonage, after a $2.9B impairment charge in 2023 — Swedish telecom-equipment company cites lower-than-expected growth at Vonage cloud subsidiary — Ericsson said it expects …
http://www.techmeme.com/240703/p28?utm_source=dlvr.it&utm_medium=blogger#a240703p28