Ericsson completes sale of iconectiv

Core Viewpoint - Ericsson has completed the sale of iconectiv to Koch Equity Development LLC, resulting in a cash benefit of approximately SEK 9.9 billion (USD 1.0 billion) after settling taxes and other liabilities [1][2]. Financial Impact - The transaction will provide Ericsson with a one-off EBIT benefit of approximately SEK 7.6 billion (USD 0.8 billion) in its Q3 2025 financial results [2]. - Iconectiv contributed approximately SEK 1.0 billion (USD 0.1 billion) to Ericsson's net income in 2024 [2][3]. Business Overview - Iconectiv serves over 5,000 customers across various sectors, specializing in number portability solutions, core network and operations management, and data exchange services [3].