Stockholm,, August 22, 2025 / Prnewswire / – More to the announcement on August 162024, Ericsson (Nasdaq: Eric) announces today that she finished the sale of iconectivs in Koch Equity Development LLC.
The Ericsson’s cash service of the transaction, after the taxation of taxes, transaction expenditure and other expected responsibilities, should be approximately Sek 9.9 billion [1] (USD 1.0 billion).
Ericsson will record a unique EBIT advantage of approximately Sek 7.6 billion [1] (USD 0.8 billion) in its financial results of T3 2025.
IconCtiv is consolidated by Ericsson and reported in the company segment. Iconectiv contribution [2] to Ericsson’s net income in 2024 was approximately Sek 1.0 billion (USD 0.1 billion).
ICONCTIV serves more than 5,000 customers in various sectors as a leading supplier in number portability solutions, and a service provider for network and basic operations, numbering and data exchange.
[1] Assuming a USD – SEK exchange rate of 9.76 and including a partial loan refund of T2 2025 SEK 0.8 billion (USD 0.1 billion).
[2] Contribution to net income, including minority interests and loans impacts for shareholders. Ericsson’s shareholders’ loan in Iconctiv was 4.6 billion sek at the end of 2024.
Ericsson announces the sale of iconectiv
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