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Ericsson writes down $1.5 billion resulting in big Q1 2017 loss![](https://eu-images.contentstack.com/v3/assets/blt3d4d54955bda84c0/blt4f272aa92cfe763b/654ce254c1e48e040aabeac7/Ericsson-logo-window.jpg?width=700&auto=webp&quality=80&disable=upscale)
Fixed Networks![](https://eu-images.contentstack.com/v3/assets/blt3d4d54955bda84c0/blt4f272aa92cfe763b/654ce254c1e48e040aabeac7/Ericsson-logo-window.jpg?width=700&auto=webp&quality=80&disable=upscale)
Ericsson writes down $1.5 billion resulting in big Q1 2017 lossEricsson writes down $1.5 billion resulting in big Q1 2017 loss
Ericsson’s numbers for the first quarter of 2017 featured a massive set of write-downs as the company looked to get as much financial bad news out in the open as possible.