Ericsson's CEO to take charge of Networks unit

STOCKHOLM: Ericsson chief executive Hans Vestberg will take on the added responsibility of leading the group's key networks division, the Swedish telecoms gear maker said on Thursday.

Johan Wibergh, Ericsson's previous Networks boss, has been appointed chief technology officer at Vodafone.

Ericsson's Networks segment consists of two business units, Cloud & IP and Radio, with separate heads.

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