Sweden’s decision late last year to ban, on national security grounds, China’s telecom major Huawei (and ZTE) from offering 5G services has important lessons for India. Notable is the CEO of Swedish telecom company Ericsson defending Huawei! He was apparently driven by concerns of reprisals by China where Ericsson runs a very profitable operation.
“I hope there will be no impact,” Borje Ekholm was quoted in the Swedish media as saying, pointing out that “China accounts for eight per cent of our revenue. For us, it has been a strategically important issue to be present in China.”...Read More