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Electronics Production | May 10, 2007

Ericsson CEO denies Motorola Rumour

Ericsson CEO, Mr. Carl-Henric Svanberg, denied the rumour about Ericssons interest in acquiring rival company Motorola.

"I don't know what this rumour comes from" Mr. Svanberg told local media during a press conference in Stockholm, Sweden on Wednesday. He also said Ericsson now is focusing on organic growth.
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