President and CEO Hans Vestberg, who struck a deal to acquire Microsoft's MediaRoom platform last year, discusses the company's push to supply technology that can power multiple platforms, including IPTV, broadband and mobile, with FierceWireless Editor-in-Chief Sue Marek.
Ericsson CEO Hans Vestberg recently sat down with FierceWirelessTech Editor in Chief Sue Marek, and talked about his vision of the networked society, his views on competition and where he thinks the next big wireless innovations will occur. Hot Seat
Ericsson posted a net profit for the fourth quarter after a hefty loss in the year-ago period, but its sales in North America fell 19 percent year-over-year as LTE coverage rollouts peaked. Meanwhile, Ericsson CEO Hans Vestberg said he will not be taking the CEO spot at Microsoft after it was reported he was in consideration to replace Microsoft's Steve Ballmer, who is retiring.
Ericsson President and CEO Hans Vestberg recently sat down with FierceWirelessTech Editor in Chief Sue Marek at the 2014 Consumer Electronics Show, where he talked about his vision of the networked society, his views on competition and where he thinks the next big wireless innovations will occur.
Microsoft has said it intends to name a new CEO early this year, but the search for a successor to Steve Ballmer continues. Meanwhile, as more executives from other companies get drawn into the rumor mill as potential candidates for the top job at the software giant, the search has begun to affect the boards of other companies, notes Bloomberg.
Ericsson CEO Hans Vestberg is in the running to take the reins as chief executive at Microsoft from Steve Ballmer, who is retiring within the next few months, according to a Bloomberg report.
LAS VEGAS--Where will all the innovation in mobile take us next? According to top executives from Ericsson, Qualcomm and AT&T, the future of mobile will be dominated by wearable wireless devices and neuromorphic computers that mimic the human brain.
Ericsson predicted that the market for network gear will grow 3 percent annually or more in the years ahead, and said the fundamentals of its business remain solid.
Ericsson reported weaker sales year-over-year in the third quarter and the company warned that it is facing pressure overall and that sales have fallen in North America as major LTE projects have peaked.
Ericsson reported weaker than expected profits, sales and margins for the second quarter, as it was hit by one-time charges and strong headwinds in Asia. While North America continued to be a bright spot for the vendor, CEO Hans Vestberg said he is looking to China and Europe as engines for growth in the years ahead.