>>> Ericsson CEO does not rule out M&A

Ericsson CEO does not rule out M&A

Ericsson, the Swedish telecom network equipment manufacturer, has not ruled out mergers and acquisitions, according to Helsingin Sanomat. The Finnish language piece interviewed the company’s Chief Executive Hans Vestberg, who said that the news published recently about the company’s possible acquisition after its Finnish rival Nokia acquired the French Alcatel-Lucent, is speculation.

However, he added that the company could not rule out mergers and acquisitions.

Helsingin Sanomat