The remaining 300m “might not want to be connected, they might be in middle of the Amazon”.“There is going to come a moment in the next 15 or 20 years when people say: “This is my data, I want to give it to you because you can do something good for me and I don’t want to give it to you because you put advertising around it.””However, even if he goes off-line, his home does not. He started out as a young business graduate working at Ericsson Cables in his home-town of Hudiksvall in northern Sweden and has never left. You can also choose to be emailed when someone replies to your comment.Want to bookmark your favourite articles and stories to read or reference later?
A Variety and iHeartRadio PodcastMeanwhile, Verizon’s long-declining wireline division revenue of $7.1 billion was down 4.1%. Hans Vestberg has strict rules. Ericsson's Hans Vestberg: the clean-cut Swede with a need for mobile speed Save Mr Vestberg has been in the top role since 2010. It was Vestberg’s ambition to make a career out of it and he still coaches his son, 14, and daughter, 16.On a break from university so he could play full-time, he only took a job at Ericsson in his hometown of Hudiksvall, processing travelling expenses, to give him something to do in the mornings. And why has he? Hans Vestberg is chairman and chief executive officer of Verizon Communications, a leading provider of wireless, fiber-optic and global Internet networks and services. He’s been updating City analysts on what’s happening in Ericsson’s world. Now we are entering the second: the Networked Society... We predict that in five years 93 per cent of the world’s population will have broadband and there will be around 50 billion different devices connected between people and machines.”The rest of the time, Mr Vestberg is one of the most-connected men on the planet. Verizon Communications named Chief Technology Officer and former Ericsson boss Hans Vestberg as its new Chief Executive on Friday, saying he will replace current CEO Lowell McAdam on Aug. 1. Wherever the Swedish boss of Ericsson is in the world, he will make sure he is back home in Stockholm by 6pm on a Friday night to be with his wife and two children. Verizon and Disney haven’t disclosed the terms of their partnership but the telco is likely paying a per-subscriber fee to Disney under the deal.“We are extremely pleased with the early uptake on Disney Plus and the ability to partner with an iconic consumer brand and content company, to bring even greater value to our unlimited customers,” Ellis said. “You know, men can’t do much to change; we have to wear suits, although I never wear a tie, apart from in Asia sometimes. “The industry works like that.”A large part of its £21bn annual sales now come from services such as distributing TV channels for broadcasters. “I am certain that 10 years from now you are going to have a chip inside your body that is going to tell you what is going to happen in the next 24 hours,” says the clean-cut Swede who runs Ericsson, provider of the infrastructure over which 40pc of the world’s mobile traffic is carried. However, he didn’t shed light on how many Verizon customers signed up for the streaming service.Overall, the telco topped Wall Street revenue estimates for Q4 but missed on earnings. The Internet has made the earth a better and secure place to live. Half of it is spent externally, talking to customers, shareholders, at conferences or with the media; a quarter on strategy and talent; the remainder on board meetings and related governance.We rely on advertising to help fund our award-winning journalism.To wind down, he plays handball, a Scandinavian sport similar to basketball but with goals and goalkeepers. The company reported adjusted earnings per share of $1.13, below Wall Street forecasts of EPS of $1.15.Verizon’s wireless revenue growth of 3.5% year over year was driven by a 2.7% increase in service revenue. By 2020, 1.7bn people will still not be hooked up to the internet, but for 1.4bn that will be because of affordability (“that’s not the network, it’s the cost of a handset”), illiteracy or power shortages. Start your Independent Premium subscription today.Right now, the skinny, six-foot-plus handball-playing Swede is skipping down the stairs at the Century Club in London’s Shaftesbury Avenue. Verizon said postpaid phone subscriber churn was 1.13% in Q4, up from 1.08% in the year-earlier period.Total Verizon Media revenue in Q4 2019 was $2.1 billion, “nearly flat” year over year, according to the company. Hans Vestberg (born 23 June 1965) is a Swedish businessman and CEO of Verizon Communications, where he has worked as executive vice president of the company's network and technology team, and as chief technology officer.Vestberg was previously the CEO of telecommunications company Ericsson, president of the Swedish Olympic Committee, and is a former chairman of the Swedish Handball …
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