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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 Mar 2010 |
| Ericsson's Annual General Meeting | 9 Mar 2010 |
| Annual report now published | 8 Mar 2010 |
| ANNUAL REPORT NOW PUBLISHED | 8 Mar 2010 |
| Proposal to continue Long Term Variable Remuneration Program | 8 Mar 2010 |