Vonage
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Airtel Business, the B2B arm of Indian telco Bharti Airtel, has partnered with Ericsson-owned Vonage to launch a unified business communications application to simplify customer engagements. -
Ericsson has recorded a billion-dollar impairment charge for its acquisition of Vonage in 2021, marking the second write-down on the deal.
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Australian telco Telstra has partnered with Vonage, an Ericsson subsidiary focused on cloud communications.
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Ericsson continued its move from a telecoms equipment vendor to becoming a service provider last night when it completed its US$6.2 billion acquisition of Vonage.
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Ericsson has received clearance from the Committee on Foreign Investments in the US (CFIUS) to complete its acquisition of Vonage Holdings.
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Ericsson’s sales were up 14% in the second quarter of this year, well up on last year’s reported increase of 8%.
Forthcoming events
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Capacity LATAM 2026
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Ericsson’s US$6.2 billion takeover of Vonage Holdings Corp has been delayed until the end of July, pending an investigation by a US national security panel.
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The board of directors at Vonage has unanimously accepted an all-cash offer from Ericsson to acquire the company.
