Börje Ekholm

Ericsson CEO Börje Ekholm open to relocating headquarters to the USA

Ericsson exceeds expectations – the stock soars

The telecom equipment manufacturer Ericsson, one of the year's heavier winners on the Stockholm Stock Exchange, reports an unexpectedly strong result for the third quarter. Successes in the USA lie behind the upswing, according to Ericsson CEO Börje Ekholm. The share surges 8-9 percent at the stock exchange opening.

Ericsson exceeds expectations – the stock surges

The telecom equipment manufacturer Ericsson achieves an unexpectedly strong result for the third quarter. The stock surges 7-8 percent on the stock exchange. Successes in the USA lie behind the upswing, but also significant cost savings, according to Ericsson CEO Börje Ekholm.