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Date

01.29.18

Ericsson praises partnership with One Equity Partners

Telefonaktiebolaget LM Ericsson's on Q4 2017 Results - Earnings Call Transcript

Ericsson’s Q4 earnings call discusses how its partnership with One Equity Partners positions Media Solutions for transformative growth:

"We're bringing in One Equity Partners, an experienced private equity firm with assets in technology and media. And One Equity Partners will then be a majority of the Media Solutions entity going forward, and we will then stay on as a minority owner with 49% of the shares, certain board representation, and we believe this is a good solution bringing in a competent partner that can help develop this business and take it to the next stage, better than what we could have done within Ericsson."

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