Hans Vestberg Quotes
When you start losing market share, it's really tough to gain it back; you need the product portfolio and presence in many markets.
Quotes to Explore
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I said we're going to leave phones, and so we did. We sold it to Sony.
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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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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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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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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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You can always think that we're old and not innovative, but there is no company that can limp on for 139 years without being creative and having the genes to change.
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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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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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I need to build my team around my weaknesses.
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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 read mails throughout the day but answer mails more in the morning and evening.
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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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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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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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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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I was taking a break from university so I could play handball full-time for a year.
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My mail address is open for anyone, and I read all my mails by myself.
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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.
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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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We want to be on the edge of technology all of the time. We think long-term.
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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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You're going to see this 'Internet of things' start demanding network performance and making the networks much more aware of what is on top of them.
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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.