Sweden's Ericsson said on Friday it remained committed to CDMA (news -
web sites) wireless network technology, the smaller rival of dominant GSM
network systems used in Europe and large parts of Asia and the Americas.
Ericsson, the world's largest mobile network maker, is a late entrant to the
CDMA market, competing with the likes of Lucent, Nortel Networks and
Motorola which have all been struggling with heavy losses.
"We think we can grow on our own in CDMA. We started later so we're somewhat
behind but there are lots of synergy opportunities (with GSM-based
technologies)," Ericsson's Chief Financial Officer Sten Fornell told a
Morgan Stanley investor conference.
However, he did not rule out a merger with one of its CDMA rivals.
"We're not excluding any possibilities to strengthen this in any combination
in some way," he said.
Ericsson was one of several companies to win part of a major CDMA network
contract in China last month.
