TITLE

Ericsson Not Dancing to Consolidation Drum

AUTHOR(S)
Smith, Brad
PUB. DATE
June 2006
SOURCE
Wireless Week;6/15/2006, Vol. 12 Issue 13, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the plan of Carl-Henric Svanberg, president and CEO of Ericsson, to focus on other projects instead of following the trend of merger and acquisitions. Lucent Technologies has outbid Ericsson in an auction for Riverstone Network's assets. Svanberg seems to be more focused on building Ericsson's wireless-code division multiple access business, preparing for new markets through high-speed packet access and Internet protocol multimedia subsystem and expanding the services business of the company.
ACCESSION #
21311162

 

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