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Europe Daily Bulletin No. 7949

21 April 2001
Contents Publication in full By article 55 / 57
ECONOMIC INTERPENETRATION / (eu) telecommunications

The Swedish ERICSSON and the Japanese SONY have confirmed beginning talks over a merger of their mobile telephone branches. The creation of a joint company could be announced next week. The Swedish company holds 10.7% of the world market share for mobile phones, the Japanese only 2%, but the two groups are complementary: ERICSSON would bring its know-how in terms of networks and GSM technology, SONY its experience in marketing and its lead in Internet capable mobile phones.

 

Contents

THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE
ECONOMIC INTERPENETRATION
SUPPLEMENT