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Ericsson President speaks in Beijing
Posted: 10-May-2000 [Source: South China Morning Post]

[Kurt Hellstrom speaks in Beijing at the 50th anniversary of the beginning of Sweden-China diplomatic relations.]

By Mark O'Neill in Beijing -- "Global sales of mobile phones will outstrip those of fixed-line within two years and by 2003 more people will access the Internet via mobile phone than though a fixed-line connection, according to the president of Ericsson. Kurt Hellstrom was speaking at a management day organised by the Swedish Chamber of Commerce, one of the events to mark today's 50th anniversary of diplomatic relations between Sweden and the mainland.

''We are seeing a dramatic shift caused by globalisation and IT [information technology],'' he said.

''Mobile Internet means personal communications, so that people can access the web anywhere, anytime. This kind of personalised communications will affect social life and business logic.us100

''People ask me where I have my office. I have several offices, virtual offices anywhere, as close as my mobile.''

"Mr Hellstrom, an adviser to the mayor of Beijing, said it should allow a balanced regulatory situation that did not disturb growth, to ensure that new ideas, business concepts and technology were allowed to flourish. This is especially important for service, application and content development. And new companies should have better access to capital.

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