Ericsson announced on Monday it has inaugurated its new office in Lusaka, Zambia, which it said marks a significant step towards not only enhancing its local and regional presence, but also supporting Zambia’s digital transformation ambitions.
Ericsson announced it will book a non-cash impairment of SEK11.4 billion (US$1.1 billion) in its Q2 results, blaming cloud unit Vonage which had previously hit the Swedish vendor in the wallet.
Swedish vendor Ericsson announced the appointment of Patrick Johansson as Head of Market Area Middle East and Africa, replacing Fadi Pharaon who announced his departure in May.