MediaKind shows momentum at IBC 2018, Ericsson expects to close divestment of majority stake around year end
· 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 Q4On January 31, 2018, Ericsson (NASDAQ: ERIC) communicated that the company had partnered with One Equity