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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.
| 9 Apr 2013 |
| Ericsson's Annual Report for 2012 now published | 8 Mar 2013 |
| Ericsson's Annual General Meeting 2013 | 6 Mar 2013 |
| Ericsson fourth quarter and full year 2012 report | 31 Jan 2013 |
| ST-Ericsson reports fourth quarter 2012 financial results | 30 Jan 2013 |