LONDON: Swedish telecom gear maker Ericsson has ousted its CEO and president Hans Vestberg amid fall in revenues and the company putting in place a “strong” action plan to reduce cost. Jan Frykhammar, who is currently executive vice-president and CFO, will hold temporary charge until a new CEO is in office.
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Track live Stock Market Today updates and check your NSE IPO Allotment Status Today. Stay informed with the latest business news like N Chandrasekaran, petrol and diesel prices, gold and silver rates, income tax updates, and major economic developments across India and globally.
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