Ericsson announced that in the fourth quarter of 2010, Group sales increased 8% year-over-year and 32% sequentially mainly driven by a strong development in mobile broadband. Sales in the quarter for comparable units, adjusted for currency and hedging, increased 7% year-over-year. Available material includes soundbites with Hans Vestberg, President and CEO of Ericsson and general views of the Ericsson headquarters. Video from the press conference will be available later today.
Story Id: 21364