Hans Vestberg Quotes
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When you start losing market share, it's really tough to gain it back; you need the product portfolio and presence in many markets.
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Remember, China is the largest country in the world, so they have the confidence, the capital and resources to create large companies.
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I need to build my team around my weaknesses.
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Our take was that if we are going to support our customers, we have to help them with video distribution, whether that is iPad, TV, small screen or large screen.
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The IT bubble is the IT bubble, and of course, we became a company that contracted dramatically in 2001 and 2002: we basically came down by 45,000 people - a dramatic ramp-down.
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You don't need to recall 100,000 cars because you need to fix something. That can be done with a download of software.
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By the end of 2020, the only region of the world that will still have a lot of 2G connections may be Africa.
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I think that we are trying to put data communications, telecommunications and media communications together and be the No. 1 player there.
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I manage my business; politicians are doing their business. I can only work within their rules and regulations. I can't pick up a political fight.
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We need to understand what innovation will be built on top of our networks.
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Even if you buy a Finnish, Korean or American phone - it will be Ericsson on the inside.
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I was taking a break from university so I could play handball full-time for a year.
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India is an important market for Ericsson, not only as a telecom market but also as a global hub for R&D.
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What was really tough for me was that Lars Magnus Ericsson founded Ericsson in 1876; we've always had a consumer product. And I'm the 16th CEO of Ericsson, and I decided that we don't have any consumer products anymore.
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My mail address is open for anyone, and I read all my mails by myself.
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I believe in free trade. I don't support regulating trade prices between different regions. Our point of view is we don't want trade barriers between different countries.
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It is users that are driving the networks with innovations on top of the networks and with innovations in the devices space. This is very healthy.
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There are so many devices that can receive video, creating complexities, because suddenly you can have a TV, laptop, smartphone, pads. And they are of different sizes. It's clear that you need to standardise and get a much more efficient TV delivery.
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For us, we are moving a company that has been around for 137 years to the next level so that we can be there for the next 137 years.
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When I came into the CEO office, I basically changed the entire management team. We knew that we had to change the company, so we needed a new set of leaders.
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For us, it is very important all the time that our core business is really good but that we don't stop moving.
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I read mails throughout the day but answer mails more in the morning and evening.
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For every $10 you reduce the price of the smartphone, 100 million more people will buy them.
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It is very difficult for me to speculate as to how long it will take for the LTE-TDD ecosystem to mature. Of course, the whole industry is speaking of scale and a combination of scale in order to get more efficiency in the ecosystem.