MediaKind shows momentum at IBC 2018, Ericsson expects to close divestment of majority stake around year end

Content : Press releases ; Category : TV and media ; HashTags : #media,#Mediasolutions,#mediakind

  • Expected closure of divestment of majority stake in MediaKind (previously Media Solutions) around year end, as compared to previously communicated Q3 2018
  • Focus is on ensuring a smooth transition for customers and employees while creating an efficient, global operating model from day one
  • MediaKind shows momentum with new contracts announced at IBC 2018
  • Previously communicated cost increase of SEK -0.3 b. compared to Q2 estimated to be equally distributed between Q3 and Q4

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