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Ericsson CEO Signals U.S. Ownership Would Not Be Appropriate

Borje Ekholm
Borje EkholmPhotographer: Simon Dawson/Bloomberg

Borje Ekholm, the chief executive of Ericsson AB, suggested he wouldn’t feel comfortable if the U.S. took a controlling stake in his company.

The CEO of the Swedish telecom giant talked down speculation that a change of ownership might be on the cards, after Attorney General William Barr earlier this year said the U.S. should consider investing in Ericsson or its Finnish rival Nokia Oyj to prevent China from gaining dominance over 5G technology.