, Columnist
Ericsson Shies Away from a Victory Lap on Huawei
The Swedish telecom equipment maker won from a 5G spending upsurge. That doesn’t mean it has a clear run at Huawei’s market share.
Ericsson CEO Borje Ekholm declines to gloat.
Photographer: Angel Garcia/BloombergThis article is for subscribers only.
It was possibly the most diplomatic way of asking Ericsson AB if it will benefit from the concerted pressure on telecommunications firms not to buy equipment from Huawei Technologies Co.
“There have been press reports in various countries that telcos are becoming less enthusiastic about using kit from some of your competitors due to security concerns,” Goldman Sachs Group Inc. analyst Alexander Duval asked executives from the Swedish firm on a conference call in which the word “Huawei” was never explicitly uttered. “Can there be scope for you to gain extra share?”