Ericsson CEO at AGM: "Transformation a necessity to capture business opportunities"
· Continued progress on Networked Society strategy with focus on market development, growth agenda, transformation and profitability · Driving ICT transformation with focus on 5G · Strong commitment to sustainability and corporate responsibility with continuous and measurable improvements in all areas At the Annual General Meeting of shareholders, Ericsson (NASDAQ:ERIC) President and CEO Hans Vestberg reviewed the company's stable financial performance for 2014 and discussed its Networked Society strategy. Vestberg talked about the change in the business mix, with 66 percent of