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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. "
Hans Vestberg
Market
Only
India
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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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" 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 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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" 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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" 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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" In order to have the next generation of modems, you would need to pour in even more R&D spending. We came to the conclusion that we're going to have a tough time to really see that we are going to succeed in the modems business. "
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" It's always great to have a purpose of a meeting and an ending for it, but it's even more important to be present and have an engagement on the topic you're doing, to create an environment and energy around that meeting, so everybody goes from there, 'That's great; we can take it forward!' "
Hans Vestberg
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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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" We need to understand what innovation will be built on top of our networks. "
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" If I am in Sweden, I try to get home to be with my children. I can do work after that from home. "
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" We have the global scale, but not everyone has 4G in the world. "
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Scale
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" When I look into the Ericsson's mobility report that has predictions till 2018, the majority of people having mobile broadband by 2018 will be on 3G. "
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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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Good
Time
" I said we're going to leave phones, and so we did. We sold it to Sony. "
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Did
Sony
Phones
" Men can't do much to change; we have to wear suits, although I never wear a tie, apart from in Asia sometimes. So I decided to grow my hair. "
Hans Vestberg
Men
Suits
Change
" I was taking a break from university so I could play handball full-time for a year. "
Hans Vestberg
Play
Taking A Break
University
" 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. "
Hans Vestberg
Efficiency
Difficult
Mature
" 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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New
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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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More
Buy
You
" 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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Create
Confidence
Remember
" I believe mobile technology has a much broader role to play. It could solve some of the biggest problems on earth. "
Hans Vestberg
Believe
Technology
Problems
" Historically, the mobile industry has been focused on the consumer, getting better performance and throughput to their devices. "
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Better
Getting Better
Performance
" 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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Trying
Data
Together
" The infrastructure we provide is the same in a remote town in Africa or New York or an archipelago in Sweden: we use the same system, and the chips inside the phone are the same. "
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Africa
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New
" 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. "
Hans Vestberg
Creative
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" I read mails throughout the day but answer mails more in the morning and evening. "
Hans Vestberg
Evening
Day
Morning
" 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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Tough
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" For us to stay competitive, we're transforming our services business to be reliable and flexible. "
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" Today there are two points where a car manufacturer has interaction with you as an owner of a car. One, you buy the car. Two, you go to the car shop to repair the car. "
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You
Go
Today
" Even if you buy a Finnish, Korean or American phone - it will be Ericsson on the inside. "
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Phone
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You