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Ericsson Chief Executive Hans Vestberg speaks during a news conference to announce the company's third quarter result at the headquarters in Stockholm Thursday Oct. 24, 2013.
Ericsson Chief Executive Hans Vestberg speaks during a news conference to announce the company's third quarter result at the headquarters in Stockholm Thursday Oct. 24, 2013.
(Leif R Jansson/AP)

Think Canada's not the place for telecom investment? Ericsson CEO says it is

At a time when Ottawa is being criticized for scaring off foreign investors from the telecom industry, at least one global executive is happy to do a bit of “promotion” for Canada as a good place to invest.

Hans Vestberg, president and chief executive officer of the Ericsson Group, says his company is growing its Canadian investments and feeling quite bullish about it.