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Sweden Dagens Nyheter: Ericsson CEO threatens to leave Sweden if Huawei’s gate ban remains in place

Summary:
The company fears problems in important Chinese markets.For the Chinese The ban on network companies from participating in the construction of 5g networks in Sweden has raised concerns among the network company Ericsson. The company fears sanctions in the important Chinese market and has launched a pressure campaign against the government, writes Dagens Nyheter.According to the magazine, he is the CEO of Ericsson Börje Ekholm sent by the Minister of Commerce Anna Hallberg text messages in which he threatened the company to leave Sweden unless the port ban on Huawei and ZTE was lifted.“I still hope for help from Sweden and that our presence in the country will be appreciated,” Ekholm wrote in one of his messages.Sweden Dagens Nyheter: Ericsson CEO threatens to leave Sweden if Huawei’s

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 The company fears problems in important Chinese markets.


For the Chinese The ban on network companies from participating in the construction of 5g networks in Sweden has raised concerns among the network company Ericsson. The company fears sanctions in the important Chinese market and has launched a pressure campaign against the government, writes Dagens Nyheter.


According to the magazine, he is the CEO of Ericsson Börje Ekholm sent by the Minister of Commerce Anna Hallberg text messages in which he threatened the company to leave Sweden unless the port ban on Huawei and ZTE was lifted.


“I still hope for help from Sweden and that our presence in the country will be appreciated,” Ekholm wrote in one of his messages.

Sweden Dagens Nyheter: Ericsson CEO threatens to leave Sweden if Huawei’s gate ban remains in place

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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