Bloomberg: Ericsson CEO Lobbied to Overturn Sweden’s Huawei Ban, DN reports
Mon January, 2021, Age: 2 years
The Swedish newspaper Dagens Nyheter reported that Ericsson CEO Borje Ekholm pressured the Swedish Foreign Trade Minister Anna Hallberg in a series of phone messages to reverse a ban on Chinese telecom equipment. The Swedish Post and Telecom Authority (PTS) ordered last year that state telecom operators remove the Chinese companies from existing infrastructure used for 5G frequencies by January 2025. Ericsson derives about 10 percent of its sales from China and is Huawei’s biggest rival in the market for cellular radio equipment. China has warned that Swedish companies may face “negative impacts” if the PTS decision wasn’t revoked.