Shares in Ericsson and Nokia rose after the Trump administration floated the idea that the U.S. could buy a stake in either of the telecom-equipment manufacturers
STOCKHOLM—Shares in Ericsson AB and Nokia Corp. rose Friday after the Trump administration floated the idea that the U.S. could buy a stake in either of the telecom-equipment manufacturers—a sign that investors at least are taking the gambit seriously.
U.S. Attorney General William Barr told an audience in Washington on Thursday the U.S. and its allies should consider taking a controlling financial interest in the two Nordic companies, as a way of countering the dominance of China’s Huawei Technologies Co. in the market for...
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