Lowell McAdam, who has been CEO since 2011, will stay on as chairman of the board of directors after he retires. Then in July 2016, Ericsson's board thanked Vestberg for his energy and leadership and said it was time for a new CEO to run Ericsson.
Vestberg and Verizon veteran John Stratton were the two top contenders for the CEO role, according to the Wall Street Journal.
In prior interviews, Vestberg had insisted on the point that Verizon would be first to 5G, but didn't go into details about whether its mobile 5G network would launch before AT&T or not.
Verizon named Chief Technology Officer Hans Vestberg as its new CEO on Friday, surprising analysts and signaling the largest U.S. wireless company's priority is building the next-generation 5G network, not expanding further into media content.
He's to become CEO at Verizon, effective August 1.
"Hans is an energizing force who will continue to position Verizon to lead the Fourth Industrial Revolution - the emergence of technologies that blend the physical and the digital to create historic breakthroughs in connectivity and mobility", McAdam said in a statement.
Vestberg, a native of Sweden, served for six years as president and CEO of that country's big telecom-networking group Ericsson before moving to Verizon.
Hans Vestberg, 52, has spent only a year at the company. And the telecom company has also fiercely pushed its FiOS broadband network and 4G LTE technology. The company operates America's most reliable wireless network and the nation's premier all-fiber network, and delivers integrated solutions to businesses worldwide.
The plans of Vestberg are critical as the various wireless carriers jockey for leadership position in the US. "We are constantly evaluating things, but there's nothing that we are looking at right now". AT&T is fighting to win approval for its $85 billion takeover of Time Warner Inc, and Sprint has proposed a $26.5 billion merger of T-Mobile US Inc. The company's shares closed Friday at $49.18, up 17 cents. He will remain as non-executive chairman after that.
Square Enix won't be hosting its E3 2018 press conference until tomorrow, but it's getting the announcements going a little early. Since then, multiple trailers have been released with more information about worlds, characters, and story.
I had put myself in a very dark place and behaved recklessly in the not-too-subconscious hope that something awful would happen. He will continue to do so on Sunday evening, when a new episode of Parts Unknown airs at 9 p.m.
Trump refused to even attend a scheduled session on climate change, leaving the G6 to advance the agenda without him. Navarro added that while these were his own words, they reflected the "the sentiment that was on Air Force One".
As the lava marched toward the bay, it vaporized Hawaii's largest freshwater lake, which was hundreds of feet deep in some places. Since May 3rd, Kilauea's lava, ash and rocks have destroyed about 600 homes, closed major highways and prompted health warnings.
Her character was due to be recurring in the series, but she was axed by 'Goldfinger' director Guy Hamilton. The original Bond Girl who worked with Sean Connery in the James Bond flick "Dr". " Trench, Sylvia Trench.
The Microsoft E3 2018 press conference is scheduled to begin at 1 PM PT / 3 PM CT / 4 PM ET on Sunday, June 10th. The games are Death Stranding , Ghost of Tsushima , Spider-Man, and The Last of Us Part II .
Up a break at 2-1 in the third set, Nadal stopped serving after a fault because he couldn't straighten his left middle finger. Play has begun in the men's final of the French Open , with Rafael Nadal comfortably holding serve to love in the first game.
On Fox News Sunday , White House Director of Trade Policy Peter Navarro also defended the president with adversarial language. Mr Trump has infuriated the European Union, Canada and Mexico by imposing tariffs on steel and aluminium imports.
Fans of C&C will recognize most of the units in the game, as well as some of the commanders available on each side. Following the announcement, the free-to-play game was released into pre-alpha, and can be downloaded now.
The 48-year-old actor was stopped south of Los Angeles and, according to a source, at a checkpoint, with a passenger in the auto . Vaughn also had a run-in with police in 2001 when he was arrested after a bar brawl in Wilmington, N.C.
U.S. issues new China health alert over mystery illness
President Donald Trump, which has partly rolled back a detente with Cuba, responded previous year by sharply drawing down U.S. Those affected have suffered a range of symptoms including hearing loss, dizziness, fatigue, cognitive issues and sleep loss.
Gmail updated with new gestures on Android
Gmail first added a swipe gesture a while back which gave users the ability to quickly archive emails in their inbox. Like you can customize whether you wish to put an option to delete forward or archive that particular mail.
Dawid Malan and Sam Billings cover for injured Ben Stokes
He will continue his rehabilitation programme and will return to his county side Durham on Monday, " the spokesman further added. The first ODI of the five-match ODI series between England and Australia will take place on June 13 at The Oval.
China's May trade surplus with U.S
The Chinese Commerce ministry reiterated China's willingness to import more from the U.S. , but he did not offer details. President Donald Trump announced in March a 25-percent tariff on imported steel and a 10-percent tariff on aluminum.
Tropical Storm Aletta weakens as Bug develops
It's too soon to determine whether this second system will eventually pose a direct threat to parts of Baja California next week. On Saturday, the storm began to weaken and was downgraded to a Category 1 storm, according to the National Hurricane Center.
Congo says new confirmed Ebola case; outbreak marks 1 month
The area had no infrastructure and could be covered only by motorbike, with several hours needed to trace every contact, he said. The ministry also reported five new suspected cases on Thursday, including two in Mbandaka , a city of 1.5 million people.
Stranger Things Prequel Novel Coming in 2019
According to Deadline , the show is now being fixed to be turned into a book that will come out this Fall. Even more titles aimed at adults and younger readers are set to arrive later in 2019.