Ericsson's Vonage woes continue as company writes down further $1.1bn | Total Telecom

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Holmdel Township, New Jersey

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Ericsson's Vonage woes continue as company writes down further $1.1bn | Total Telecom. View article details on hiswai:

Summary

Ericsson's acquisition of Vonage aimed to enhance app development by integrating network APIs for 4G and 5G. Despite initial optimism, market challenges have led to significant financial impairments, impacting their growth strategy related to mobile telecommunications and 5G.

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