Ericsson’s CEO Says Reports on Russian Exports Are Misleading

Ericsson AB’s Chief Executive Officer Borje Ekholm said a recent report highlighting applications to provide services and software to Russia was “misleading.”

The Swedish 5G network maker was granted seven out of 12 applications to circumvent export sanctions against Russia since the start of the war in Ukraine up until the middle of August, Radio Sweden reported last week, citing permits from the relevant authority in Sweden.