By FDI Creative Services on 03/28/2017
Category: Security News

Ericsson hit by bill of up to $1.7 billion as new CEO sets out overhaul

STOCKHOLM (Reuters) - Sweden's Ericsson will book up to $1.7 billion in provisions, writedowns and restructuring costs in the first quarter as its new CEO outlined his strategy to lead the telecom equipment maker out of its worst crisis in a decade.

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