US DOJ Expands Ericsson Probe to Syria, Raising Fine Risk

The U.S. Department of Justice has widened its investigation into Ericsson's activities in Iraq to include Syria, focusing on suspected corruption linked to ISIS-related payments. This expansion increases the telecom company's exposure to stiffer penalties, building on prior settlements and compliance issues. The scope and potential financial impact remain uncertain, but the probe signals heightened legal risk for Ericsson.