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  • Keen On… Hans Vestberg: How Ericsson Enables The Internet [TCTV]

    Andrew Keen

    Andrew Keen is an Anglo-American entrepreneur, writer, broadcaster and public speaker. He is the author of the international hit “Cult of the Amateur: How the Internet is Killing our Culture” which has been published in 17 different languages and was short-listed for the Higham’s Business Technology Book of the Year award. As a pioneering Silicon Valley based Internet entrepreneur,... → Learn More

    Monday, October 8th, 2012

    Hands up if you know what Ericsson does? Yes, we all know about that Sony-Ericsson smartphone thingamajig. But as Hans Vestberg, Ericsson’s surprisingly youthful CEO and President told me, Ericsson can claim, as much as any other company, to actually run the network. Forty percent of all the world’s digital infrastructure is provided by Ericsson and 50% of the world’s smartphone traffic goes through Ericsson, Vestberg explained to me when we met at the SIME conference in London. And you ain’t seen nothing yet, Vestberg insists. By 2017, there will be 15 times more data traveling on the network and there will be 3 times as many networked devices as there actually are people on earth. So Ericsson’s role – as the company enabling the Internet – is only going to become more central in the next few years. But if Ericsson can handle tomorrow’s network with the ease with which Vestberg dealt with my question about how many babies will be born during our interview, then I’m confident we are in good hands.


    Company: Ericsson
    Website: ericsson.com
    Launch Date: 1876

    Ericsson is the world’s leading provider of technology and services to telecom operators. Ericsson is the leader in 2G, 3G and 4G mobile technologies, and provides support for networks with over 2 billion subscribers and has the leading position in managed services. The company’s portfolio comprises mobile and fixed network infrastructure, telecom services, software, broadband and multimedia solutions for operators, enterprises and the media industry. The Sony Ericsson and ST-Ericsson joint ventures provide consumers with feature-rich personal mobile devices....

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    Person: Hans Vestberg
    Companies: Ericsson

    Hans Vestberg is President and Chief Executive Officer of the Ericsson Group, the world’s leading provider of telecommunications technology and services. Vestberg joined Ericsson in 1991. He has broad international experience, having held various management positions for Ericsson in China, Brazil, Mexico and the US. He remains the international advisor to the Governor of Guangdong, China. Vestberg served as Ericsson’s Chief Financial Officer from 2007 to 2009 before becoming CEO. Along with the rest of Ericsson’s executive team, Vestberg is focused...

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