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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 https://telecom.economictimes.indiatimes.com/news/ericsson-makes-6-1-bln-sek-provision-to-revamp-ailing-bss-unit/67469812?utm_source=RSS&utm_medium=ETRSS
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