Ericsson looking to acquire
Ericsson, the Swedish telecom giant, is interested in acquisitions, according to Dagens Industri. The Swedish business daily cited CEO Hans Vestberg, who spoke at Ericsson’s Capital Markets Day yesterday. Vestberg said the company wishes to acquire but larger buys are not expected.
Ericsson reported net sales of SEK 160bn (EUR 18bn) for the first three quarters of this year.
Source Dagens Industri