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To: Mark Duper who wrote (56663)	11/2/1998 1:22:00 PM
From: gbh	Read Replies (1) \| Respond to of 61433

Ericsson's Nilsson on Growth, Consolidation: Company Comment Bloomberg News November 2, 1998, 8:35 a.m. PT Ericsson's Nilsson on Growth, Consolidation: Company Comment London, Nov. 2 (Bloomberg) -- The following are comments by Sven-Christer Nilsson, chief executive of Ericsson AB, in response to questions at a press conference to present the company's new strategy and new products and services being launched by its Enterprise Solutions division. On acquisition plans: ''We are looking at small- to medium-sized companies that are primarily giving us technology, enhancing our own technology. ''Most of the companies on the market today are into the low end, commodity enterprise LAN (local-area network) market, as we have talked about today we are not into this particular segment. This is why we are targeting companies that will enhance our offerings in the carrier class real-time IP (Internet Protocol) and the remote access and edge areas.'' On 20-percent growth target: ''I think that we are moving equal to or faster than the markets. If you look at all the market areas where Ericsson is present then I think 20 percent is appropriate. There are areas or niches there that will see a much, much faster growth but they are also starting from almost nothing.'' On industry consolidation: ''I do not really see that there will be a true big merger between companies of equal direction in the telecoms field as such. I don't think that would give very much to the shareholders and to the customers. When it comes to consolidation I think our view is that there will be consolidation where companies are forming their strengths in different parts of this combined datacoms and telecoms market.'' On collapse of alliance between Lucent Technologies Inc. and Royal Philips Electronic NV: ''The market share in this venture was not that big but we see opportunities in everything, small as well as big, so we take it as an opportunity to increase our market share.''