Hans Vestberg Quotes

Powerful Hans Vestberg for Daily Growth

About Hans Vestberg

Hans Vesterberg, born on February 16, 1962, in Umeå, Sweden, is a distinguished global executive known for his significant contributions to the telecommunications industry. He began his career with Ericsson, where he rose through the ranks, serving as the President and CEO from 2010 to 2016. Vesterberg's early life was marked by a strong academic foundation. He earned a Master's degree in Industrial Engineering and Management at the KTH Royal Institute of Technology, Stockholm, Sweden, followed by an MBA from Uppsala University School of Business, Economics and Law. His career at Ericsson started in 1986 as a Sales Trainee. Over the years, he held various roles in sales, marketing, and technology before assuming the position of President and CEO. Under his leadership, Ericsson transformed into a more customer-focused organization, expanding its presence in emerging markets and reinforcing its position as a global leader in telecommunications. Vesterberg's influential quotes reflect his visionary approach to business and technology. One such quote is, "Connectivity will be everywhere, but it will not be the same everywhere." This encapsulates his belief in the importance of tailoring solutions to meet the unique needs of different regions and communities. In 2017, Vesterberg joined Verizon Communications as Executive Vice President and Chief Strategy Officer, where he continues to shape the future of telecommunications. His impact extends beyond business, as he is also a committed advocate for sustainable development goals, particularly in areas like digital inclusion and gender equality.

Interpretations of Popular Quotes

"In the digital era, connectivity is the new basic service."

In the digital age, having access to a reliable and efficient network connection has become an essential utility similar to electricity or water. This quote underscores that just as basic infrastructure was crucial for societal development in previous eras, today it's connectivity that fuels innovation, growth, and our ability to communicate and interact effectively on a global scale.


"The biggest risk is not taking any risk at all."

This quote emphasizes that inaction or avoidance of risk can lead to stagnation and missed opportunities. Taking calculated risks can foster growth, innovation, and development, while avoiding them altogether may result in missing out on potential advancements. It encourages a proactive approach towards challenges and opportunities, suggesting that the fear of failure should not prevent us from pursuing new experiences or endeavors.


"I don't think you can manage a company if you don't love it."

This quote by Hans Vestberg emphasizes the importance of passion in leadership roles. Love for a company is not merely an emotional attachment, but rather a deep commitment to its mission, values, and success. When leaders love their companies, they are more likely to lead with integrity, inspire their team, make informed decisions that align with the organization's long-term goals, and ultimately create a positive impact on both employees and customers alike. The implication here is that a lack of love for a company may hinder effective management because it could lead to apathy, poor decision-making, and insufficient motivation to strive for excellence.


"When technology changes rapidly, you have to be able to adapt quickly."

This quote by Hans Vestberg emphasizes the importance of agility and flexibility in the face of rapid technological change. In today's fast-paced world, businesses, organizations, and individuals must be ready to adapt quickly to stay relevant and competitive. This could mean learning new skills, adopting innovative technologies, or rethinking established processes. The quote serves as a reminder that staying stagnant in the face of technological evolution is not an option, and those who can adapt swiftly will thrive in the future.


"The customer is always right, but the market is never wrong."

Hans Vestberg's quote suggests that individual customers may have their preferences, opinions, or demands, but the overall behavior of a market, driven by collective forces such as supply and demand, trends, and economic conditions, always holds more weight in determining business success. This doesn't mean that businesses should disregard individual customer feedback, but rather they should understand the larger market context when making strategic decisions. In essence, the quote highlights the importance of balancing customer-centricity with a comprehensive understanding of market dynamics to ensure long-term profitability and growth.


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.

- Hans Vestberg

Repair, Owner, Shop, Interaction

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.

- Hans Vestberg

Down, Dramatic, Became, Contracted

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

Think, Always, Having, Limp

India is an important market for Ericsson, not only as a telecom market but also as a global hub for R&D.

- Hans Vestberg

Important, Only, Market, Hub

I said we're going to leave phones, and so we did. We sold it to Sony.

- Hans Vestberg

Leave, Going, Sold, Sony

I was taking a break from university so I could play handball full-time for a year.

- Hans Vestberg

Play, Break, Full-Time, Taking A Break

You don't need to recall 100,000 cars because you need to fix something. That can be done with a download of software.

- Hans Vestberg

Software, Need, Fix, Download

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.

- Hans Vestberg

Mobility, Till, Having, Broadband

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.

- Hans Vestberg

Believe, Will, Maybe, Consumer

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.

- Hans Vestberg

Product, Always, Founded, Consumer

Historically, the mobile industry has been focused on the consumer, getting better performance and throughput to their devices.

- Hans Vestberg

Mobile, Been, Devices, Consumer

I believe mobile technology has a much broader role to play. It could solve some of the biggest problems on earth.

- Hans Vestberg

Play, Some, Role, Broader

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.

- Hans Vestberg

Laptop, TV, Video, Complexities

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.

- Hans Vestberg

Business, Doing, Within, Manage

We want to be number one, from the ingestion of content to the play-out to any type of channel. Everything between there, you should see Ericsson if you are a broadcaster, telecoms operator, or cable operator.

- Hans Vestberg

Want, Broadcaster, Channel, Operator

When it comes to meetings and preparing for that, it doesn't matter if it's a meeting with the U.N.; with a large operator, CEO, or chairman; or if I have an internal meeting - in all cases, I know that the energy and the engagement in every discussion is extremely important.

- Hans Vestberg

Matter, Engagement, Internal, Operator

By the end of 2020, the only region of the world that will still have a lot of 2G connections may be Africa.

- Hans Vestberg

Africa, Still, Lot, Region

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

Next, Level, Been, Next Level

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.

- Hans Vestberg

Small, TV, Large, iPad

When you start losing market share, it's really tough to gain it back; you need the product portfolio and presence in many markets.

- Hans Vestberg

Start, Product, Need, Presence

Even if you buy a Finnish, Korean or American phone - it will be Ericsson on the inside.

- Hans Vestberg

Phone, Finnish, Even, Korean

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

Change, Grow, Asia, Apart

I read mails throughout the day but answer mails more in the morning and evening.

- Hans Vestberg

More, Answer, Read, Evening

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

Doing, Engagement, Everybody, Energy

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.

- Hans Vestberg

Point Of View, Want, Regions, Free Trade

For us to stay competitive, we're transforming our services business to be reliable and flexible.

- Hans Vestberg

Business, Reliable, Flexible

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.

- Hans Vestberg

Driving, Top, Very, Innovations

I think that we are trying to put data communications, telecommunications and media communications together and be the No. 1 player there.

- Hans Vestberg

Data, Think, I Think, Communications

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.

- Hans Vestberg

See, Next, Conclusion, Pour

No day is similar to another, but usually mail is part of my start of the day. Our company never sleeps: we have business in 180 countries, so there are no real mornings or nights.

- Hans Vestberg

Mail, Similar, Sleeps, Nights

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