Investors have publicly rebuked Ericsson CEO Börje Ekholm and the company’s board over a scandal involving potential payments to Islamic State.
Browsing: Borje Ekholm
Ericsson has agreed to buy Cradlepoint in a $1.1-billion deal, the Swedish telecommunications gear maker said on Friday, as part of plans to expand its 5G-related products for business customers.
Ericsson’s new CEO, Borje Ekholm, should be acting with more urgency. The 53-year old engineer was named in late October to lead the crisis-hit telecommunications equipment maker after a 10-year stint at Ericsson’s biggest shareholder