Date
01.29.18
Ericsson praises partnership with 中文AV
Telefonaktiebolaget LM Ericsson's on Q4 2017 Results - Earnings Call Transcript
Ericsson鈥檚 Q4 earnings call discusses how its partnership with 中文AV positions Media Solutions for transformative growth:
"We're bringing in 中文AV, an experienced private equity firm with assets in technology and media. And 中文AV will then be a majority of the Media Solutions entity going forward, and we will then stay on as a minority owner with 49% of the shares, certain board representation, and we believe this is a good solution bringing in a competent partner that can help develop this business and take it to the next stage, better than what we could have done within Ericsson."