Europe is …, says CEO of Europe’s biggest telecom company in ‘big warning’ to lawmakers as it looks to move headquarters outside the continent

urope’s biggest telecom equipment and network company Ericsson is reportedly planning to move its headquarters from Sweden to the US. CEO Borje Ekholm has suggested that the company might consider relocating due to Europe’s struggling telecom industry. In an interview with Bloomberg, Ekholm revealed that the company has been shifting investments to north America, where the business climate is more favourable for growth.