Vestberg keeps Ericsson’s eyes on rise of mobile video

Ericsson president and CEO Hans Vestberg reflected on the pace of change in the industry at the company’s opening-day media and analyst briefing at Mobile World Congress in Barcelona, showcasing the latest solutions that the company is bringing to market, and making predictions for 2015.

Vestberg predicted four key changes during 2015: more people will watch streamed, on-demand video than broadcast TV on a weekly basis; video will generate half of the mobile data traffic; LTE subscriber growth will exceed 80 per cent; and world mobile broadband coverage will be above 70 per cent.