
Ericsson reached a settlement with the U.S. Department of Justice (DOJ) to resolve criminal charges related to accounting violations in five countries, including in Djibouti where there is also a charge of bribery.
Under the agreement,
Ericsson will pay a fine of US$520,650,432.
Ericsson's Egyptian subsidiary has entered a guilty plea to the bribery charge in Djibouti.
Ericsson will resolve civil charges brought by the Securities and Exchange...