Networks Sales Boost Ericsson

Ericsson said that its sales grew 5% year-on-year in the fourth quarter on a like-for-like basis to 66.9 billion Swedish krona (10.53 billion US dollars). The Stockholm based company said that its networks division increased sales 9% on a like-for-like basis, thanks primarily to "high year-end business activity in North America and Japan, primarily within mobile broadband infrastructure." source: Ericsson statement