McAdams will be succeeded by Vestberg as CEO of Verizon

Verizon CEO Lowell Mc Adam is retiring and will be succeeded by its current chief technology officer who is the former CEO of Ericsson. McAdam who served as Verizon’s CEO for seven years will remain as its chairman through year’s end and become a

Verizon CEO Lowell McAdam To Retire, With CTO Hans Vestberg Taking Over

I am incredibly proud of the strides we have made to position Verizon as the leader in customer service and on the forefront of next-generation technologies, including 5G. The Justice Department sued to block AT&T from buying CNN's parent company Time Warner. Hans Vestberg as the CEO of Ericsson could not revive the Sweden-based telecom network company despite exploring opportunities to grow bigger and lower cost. Vestberg had previously been CEO and president of Ericsson for six years.

Keeth continued, "On behalf of the entire Board, we thank Lowell for his almost two decades of service to Verizon and the valuable contributions during his tenure as CEO". A judgment on that case is expected by June 12.

BlackBerry Key2 unveiled- possible sequel to BlackBerry KeyOne
The keyboard has been slightly refined on the KEY2, which is good since that's literally the single defining feature of the phone. BlackBerry's share of the global smartphone market has fallen to virtually zero from a peak of more than half a decade ago.

Verizon tapped a technology expert as it races against other wireless carriers to develop a 5G network that would deliver faster speeds.

"As the industry enters a next phase, driven by 5G, IoT and Cloud, it is time for a new CEO to step in and continue the work to ensure Ericsson's industry leadership", Vestberg said at the time.

Taliban agree three-day Eid ceasefire in Afghanistan
A Taliban spokesman claimed its fighters killed 35 soldiers and captured six others besides seizing military vehicles and weapons. He added that eight Taliban attackers were killed and more than a dozen others were wounded during the gun battle.

Hans Vestberg said in an interview the No. 1 US wireless carrier would keep pursuing its current 5G strategy but he did not "see anything new on the horizon" to pursue media content. Since his appointment to EVP and President of Global Operations in 2015, Stratton has led and grown the company's established businesses, including Verizon Wireless, Verizon Enterprise Solutions, Verizon Consumer Markets, Verizon Business Markets, Verizon Partner Solutions and Verizon Connect (telematics). Rivals T-Mobile and Sprint have also announced plans to merge in other to combine resources to build a 5G network. Let's turn out focus on Hans Vestberg with a few things to know about the new Verizon CEO. He was ousted by Ericsson in 2016 after a string of missing quarterly financial targets. "At this point he's closer to the current focus of the company", John Hodulik, an analyst at UBS who covers Verizon, told The Journal.

"The time for a change in leadership is now, and I am confident that Hans is the right person to bring Verizon through its next chapter", McAdam said.

DICE shows off Battlefield V full multiplayer gameplay, confirms battle royale mode
We do know that developers are promising to bring us an "experience that we haven't had before", but we've heard that before. Keep it locked to VGR and we'll let you know more about what we think as additional details leak out.

Meanwhile, Current CEO McAdam has expressed confidence in his successor.

Latest News