Ericsson Outlines Cost of Restructuring BSS Business – Light Reading

STOCKHOLM — Ericssons (NASDAQ: ERIC) focus on simplifying and stabilizing the business has during the three first quarters of 2018 resulted in stronger gross margins and a stabilizing topline. Focus has been on addressing underperforming areas while creating a strong platform for future growth. There has been solid progress in most portfolio areas.


In Segment Digital Services, that has yet to complete its turnaround, actions proceed according to plan with efficiency improvements, cost reductions and half of the identified 45 critical and non-strategic projects addressed to date. However, the Business Support System (BSS) area is not showing satisfactory progress jeopardizing Segment Digital Services overall profitability target for …

Read the full article at: https://www.lightreading.com/oss-bss/bss-(inc-billing-revenue-assurance)/ericsson-outlines-cost-of-restructuring-bss-business/d/d-id/748723?_mc=RSS_LR_EDT

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STOCKHOLM — Ericssons (NASDAQ: ERIC) focus on simplifying and stabilizing the business has during the three first quarters of 2018 resulted in stronger gross margins and a stabilizing topline. Focus has been on addressing underperforming areas while creating a strong platform for future growth. There has been solid progress in most portfolio areas.


In Segment Digital Services, that has yet to complete its turnaround, actions proceed according to plan with efficiency improvements, cost reductions and half of the identified 45 critical and non-strategic projects addressed to date. However, the Business Support System (BSS) area is not showing satisfactory progress jeopardizing Segment Digital Services overall profitability target for …

Read the full article at: https://www.lightreading.com/oss-bss/bss-(inc-billing-revenue-assurance)/ericsson-outlines-cost-of-restructuring-bss-business/d/d-id/748723

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