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Ericsson reported a near-tripling of its third-quarter net profit, boosted by a significant one-time gain from the sale of its iconectiv business, even as revenue declined.
Ericsson has finalized the sale of its iconectiv business to Koch Equity Development, completing a divestment aimed at sharpening its focus on its core telecommunications network equipment business.
Ericsson swung to a second-quarter profit as cost-cutting measures boosted margins, even as the Swedish telecommunications-equipment maker's revenue declined.
| 13 Apr 2016 |
| Invitation to Ericsson's Annual General Meeting 2016 | 10 Mar 2016 |
| Ericsson publishes Annual Report for 2015 | 7 Mar 2016 |
| Ericsson reports fourth quarter and full year results 2015 | 27 Jan 2016 |
| Ericsson and Apple sign global patent license agreement, settle litigation | 21 Dec 2015 |