Friday, 24 March, 2023

Ericsson to indefinitely suspend business in Russia

<p>Ericsson, a Swedish telecoms equipment maker, announced that its operations in Russia have been terminated indefinitely. Ericsson said that it has &quot;engaged with customers and partners regarding the indefinite suspension of the affected business. Ericsson&#39;s top priority is to focus on the safety and well-being of its employees in Russia, who will be placed on paid leave. Ericsson and Finnish rival, Nokia said in late February that exports to Russia had been halted.</p>