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Ericsson to invest 7 bln SEK to build data centres
September 2, 2013 / 11:22 AM / in 4 years

Ericsson to invest 7 bln SEK to build data centres

STOCKHOLM, Sept 2 (Reuters) - Global number one mobile network infrastructure firm Ericsson said on Monday it would build three new data centres over the next five years at a cost of around 7 billion Swedish crowns ($1.05 billion).

Ericsson said it would build two data centres in Sweden and one in Canada.

Ericsson CEO Hans Vestberg said 5 billion of the investment would be made in Sweden. ($1 = 6.6381 Swedish crowns) (Reporting by Simon Johnson)

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