Scandinavia: The Sure Thing

To Americans, the telephone business is synonymous with A. T. & T. But in a score of other nations, those who want to buy anything from an office intercom system to a complete telephone exchange are likely to think first of Sweden's L. M. Ericsson Telephone Co. Last week Ericsson engineers were installing new telephone networks from Egypt to Iceland, and in Stockholm, company officials jubilantly announced a $20 million sale of automatic switching equipment to neighboring Denmark.

Ericsson has a long way to go before it catches up with A. T. &...

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