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Ericsson writes off $1.2 billion

12/20/2012 12:25 PM EST
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Hughston
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CEO
re: Ericsson writes off $1.2 billion
Hughston   1/2/2013 3:27:29 PM
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The JV was killed about the same time as your glowing article on the 4G/LTE joint venture. I think we'll see more LTE big money projects like this fail. That is a lot of money to spend on a failure. It shows you the people in charge didn't know what they were doing.

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