Ericsson serves-up another massive write-down

The purging of the Ericsson Augean stables continues with a $1.6 billion goodwill write-down. Will this be the last one?
The full write-down revealed by Ericsson amounts to SEK 14.2 billion, which equates to around $1.8 billion. The ordure is apportioned as follows:
Segment Digital Services: impairment of SEK 6.7 b. of goodwill and SEK 0.4 b. of intangible assets
Segment Other: impairment of SEK 6.0 b. of goodwill, SEK 0.3 b. of intangible assets, and SEK 0.4 b. of fixed assets
Segment Managed S