0
General

Verizon hires ex-Ericsson CEO to head new networks unit

Monday 3 April 2017 | 11:37 CET | News
Verizon has announced a new operating structure which will focus on three areas, namely, Media and Telematics, Network and Technology, and Customer and Product Operations. The new structure will go into effect from 3 April. As part of the change, Verizon has appointed Hans Vestberg, the former CEO of Ericsson, as the executive VP for the new Network and Technology team. Marni Walden will become the executive VP for Media and Telematics, reporting also to McAdam, while John Stratton will be the new executive VP for Customer and Product Operations.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: AOL / Verizon / Verizon Business / Verizon Wireless / Yahoo
Countries: United States
::: add a comment
This article is part of dossier

5G

,

IoT


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Verizon names Vestberg as successor to CEO McAdam

Published 08 Jun 2018 14:27 CET | United States
Verizon Communications has announced the appointment of a new CEO from 1 August. Hans Vestberg, currently head of Global Networks ...

Verizon Telematics acquires Spain's Movildata Internacional

Published 24 Jan 2018 09:12 CET | Spain
Verizon Communications has continued its European expansion with the acquisition of Movildata Internacional, a Spain-based ...

Verizon head of Media resigns

Published 05 Oct 2017 12:28 CET | United States
Marni Walden, appointed in April as Verizon's new executive VP for Media and Telematics, has announced her plans to leave the ...

Verizon, Ericsson achieve over 1 Gbps with Qualcomm LTE Cat 18 modem

Published 21 Aug 2017 16:41 CET | United States
Verizon, Ericsson and Qualcomm Technologies said they achieved an industry first with commercial silicon and network ...

'Verizon schrapt 1.000 banen bij AOL-Yahoo'

Published 08 Jun 2017 11:06 CET | United States
Verizon is na de overname van de internetactiviteiten van Yahoo voornemens 1.000 banen te schrappen bij AOL en Yahoo. Dat ...

Ericsson demos 5G test bed, 5G NR, use cases in Indonesia

Published 04 Apr 2017 08:34 CET | Indonesia
Ericsson has completed the first demonstration of 5G in Indonesia, including 5G test bed, 5G New Radio (NR) and use cases such as ...

Verizon launches LTE Cat M1 nationwide network for IoT

Published 31 Mar 2017 09:29 CET | United States
Verizon launches on 31 March what it says is the first nationwide commercial LTE Category M1 (or Cat M1) network, which spans 2.4 ...

Verizon declares dividend, extends share buyback

Published 06 Mar 2017 09:13 CET | United States
Verizon Communications' board of directors approved a quarterly dividend of USD 0.57,75 per outstanding share, which is unchanged ...

Verizon secures price cut in Yahoo! takeover

Published 21 Feb 2017 16:22 CET | World
Verizon has secured a reduction of USD 350 million in the price it will pay for Yahoo's web business, while agreeing to share ...

Verizon releases new business unit for firms

Published 03 Feb 2017 10:38 CET | United States
Verizon launched Verizon Business Markets (VBM), a new business unit aimed at US-based local businesses, state and local ...

Verizon completes takeover of XO fibre network

Published 01 Feb 2017 17:34 CET | United States
Verizon announced that it's completed the USD 1.8 billion acquisition of XO Communications' fibre network business, first ...

Verizon posts lower Q4, FY results as customer growth slows

Published 24 Jan 2017 14:24 CET | United States
Verizon reported a drop in fourth-quarter and full-year results for 2016, due to the slowdown in its mobile business, and said it ...

Equinix to buy 24 Verizon data centres for USD 3.6 billion

Published 06 Dec 2016 17:21 CET | United States
Verizon has agreed to sell 24 data centres in the US and Latin America to Equinix for USD 3.6 billion cash. The deal is latest ...

Ericsson CEO Vestberg steps down with immediate effect

Published 25 Jul 2016 08:22 CET | World
Hans Vestberg has stepped down as CEO of Ericsson with immediate effect, following reports he was under pressure from ...