Swedish telecoms giant Ericsson reported a decline in fourth-quarter operating profit on Tuesday. When excluding restructuring charges, Ericsson’s earnings before interest and taxes (EBIT) amounted to 7.4 billion Swedish kronor ($709 million), slightly lower than the 8.1 billion Swedish kronor recorded in the same period last year. Net sales for the fourth quarter reached 71.88 billion kronor, which was a 16% decrease compared to the previous year. The decline in sales was primarily driven by a 23% decrease in its networks division. Overall, organic sales declined by 17%. Looking ahead, Ericss…