Sweden's Ericsson to expand its network capacity in Europe


(MENAFN) Earnings of the world"s biggest maker of mobile networks Ericsson were lower than expected in the fourth quarter of 2013 on the back of launching mega projects in the US, according to Arab News



However, the company said that demand in Europe and China is growing and it plans to invest in 4G LTE networks this year



Sweden"s Ericsson made major projects in Europe during the last two years that weighed on its results, and it now plans expanding its business network capacity


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