03 February, 2008

Ericsson says "very cautious" about Motorola assets

Ericsson Chief Executive Carl-Henric Svanberg said on Friday the Swedish firm would eye any assets put up for sale by U.S. rival Motorola Inc, but would be "very cautious" about any deal.

"As professional business leaders we look at everything, but we would take a very cautious view on such a thing because we do believe you are better off doing it on your own," Svanberg told an analysts' conference.

No comments: