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" We have the global scale, but not everyone has 4G in the world. "
Hans Vestberg
World
Scale
Global
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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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" For every $10 you reduce the price of the smartphone, 100 million more people will buy them. "
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" We do a lot of consumer research. Consumers believe the smartphone will be the remote, meaning that it will orchestrate a lot of things. So maybe you will take your connectivity with you to the car. "
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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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" 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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" 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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" Historically, the mobile industry has been focused on the consumer, getting better performance and throughput to their devices. "
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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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" For us to stay competitive, we're transforming our services business to be reliable and flexible. "
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Flexible
" 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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" Even if you buy a Finnish, Korean or American phone - it will be Ericsson on the inside. "
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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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" We want to be on the edge of technology all of the time. We think long-term. "
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Edge
Technology
" I have rules for everything. "
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Everything
Rules
" My mail address is open for anyone, and I read all my mails by myself. "
Hans Vestberg
Open
Myself
Anyone
" 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
" 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. "
Hans Vestberg
Years
Level
Moving
" 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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" 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
Always
Product
" 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!' "
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Great
Purpose
Ending
" We need to understand what innovation will be built on top of our networks. "
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Top
Need
Innovation
" 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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Will
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" I need to build my team around my weaknesses. "
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Team
Build
Weaknesses
" 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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Efficiency
Difficult
Mature
" 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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" I said we're going to leave phones, and so we did. We sold it to Sony. "
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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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Data
Together
" 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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Driving
Top
Space
" 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