[Huawei ban]Ericsson CEO backs Huawei and challenges Sweden’s unfair ban – Hong Kong Economic Times – China Channel – Economic Pulse

Huawei recently appealed against the Swedish government’s ban and the court decided to suspend the government’s Huawei ban. Swedish telecom company Ericsson (Ericsson) CEO Borje Ekholm (Borje Ekholm) said he supports Huawei, ZTE and others in questioning Sweden’s unfair prohibition to ensure the openness and fairness of the market.

Bao Yikang: While safeguarding national security, we must allow market access

According to internal media “China Business News”, Bao Yikang said he believes the Swedish Post and Telecommunications Administration’s (PTS) decision restricts free and open market access, which is not good. Therefore, Huawei and the three major operators are also welcome. If this decision is challenged, there will be a fair decision to make a corresponding decision to ensure the openness and fairness of the market.

Bao Yikang said the country should of course take into account the issue of national security, which is determined by the government, but also believes that while national security is guaranteed, open and free market access should be allowed.

Sweden last month banned Huawei equipment from being used in the country’s 5G network due to national security concerns, and asked companies participating in the 5G spectrum auction to remove Huawei-produced parts by January 1, 2025. Huawei filed an appeal last week. The court ruled that the suspension of Huawei’s ban allows Huawei to participate in the upcoming 5G spectrum auction in Sweden. However, the Swedish Post and Telecommunications Administration later announced the suspension of the auction.

On the other hand, Bao Yikang also talked about the Chinese market. He said that China has always been a very important part of Ericsson’s market strategy, and that China is still a very important part of the strategy for the future.

Ericsson’s third-quarter financial report released last month showed that the company’s net sales increased to SEK 57.5 billion (about SEK 51.5 billion), a year-over-year increase of 1%. Ericsson pointed out that the third quarter revenue growth was mainly driven by 5G sales in mainland China.

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Responsible editor: Yin Hang

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